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Pastimes : Ask Mohan about the Market

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To: robnhood who wrote (16894)	10/30/1998 5:51:00 AM
From: John Hunt	Read Replies (2) of 18056

Long-Term's New Loan nypost.com << Long-Term Capital Management, the infamous hedge fund that almost went under in September, tapped a $500 million credit line from Chase Manhattan Corp. last week, sources reported yesterday. The need for additional funding just weeks after a $3.6 billion bailout by 14 Wall Street banks and brokerages raises questions about whether Long-Term Capital has managed to staunch the bleeding that almost led it to bankruptcy. >> Morning russell, Kind of reminds me of the guy that cut off his finger in a table saw and while showing his friend how it happened, he cut off another finger. < g > John

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