SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NickSE who wrote (33684)4/14/1999 11:20:00 PM
From: NickSE  Read Replies (1) of 86076
 
More HS!!! Who wants to bet they run the markets up through GS's IPO and then tank the sucker and run for the hills.

According to Bloomberg News, Long Term Capital Management outperformed the biggest hedge-fund managers in the first quarter of this year.

Sources tell Bloomberg Meriwether's fund earned 11.76 percent through March 1.

That's better than Julian Robertson's Tiger Management, which is down 7.5 percent for the same period, and George Soros' Quantum Fund, which is down 15.5 percent.

Worried that LTCM's $4 billion loss last year would roil world financial markets, New York's Federal Reserve Bank spearheaded a Wall Street bailout for the company.

Goldman Sachs, Merrill Lynch and J.P. Morgan now own 90 percent of the Connecticut-based firm.
(no conflict of interest here -ufb-)

nypostonline.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext