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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Henry Volquardsen who wrote (745)1/15/1999 9:14:00 AM
From: Worswick  Read Replies (2) of 2794
 
Hello my friend. A question here. Today this appeared in the WSJ, " On Brazil's markets Thursday, surprisingly quiet trading throughout most of the day gave way to near-panic late in the afternoon on a flurry of unsubstantiated rumors that Finance Minister Pedro Malan could quit and that local hedge funds were in deep trouble."

Presumably, these are the counter parties to the counterparty trades done in Europe andteh US. Seems to me we may be deep in the brown stuff here moving forward. Am I corrrect in this? Rumors on the street?

Hope you're well and like Lazarus the Brady Bonds are rising today.

Clark
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