Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote (701)	12/21/1998 5:22:00 PM
From: Thomas M.	Read Replies (1) of 2794

Paul Krugman has a piece in the 12/21/98 Fortune, titled "I Know What the Hedgies Did Last Summer", in which he discusses conversations he had with Australian government officials concerning the near collapse of the Australian Dollar this summer. This snippet caught my attention: ...some people from the hedge funds actually told the Australians, in effect, that resistance was futile - that they were only a small piece of a coordinated play against Australia, New Zealand, South Africa, and Canada - not to mention Hong Kong, Japan, and China... Tom

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