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To: Gary M. Reed who wrote (2926)	6/14/1999 4:02:00 PM
From: Thomas M.	Read Replies (1) \| Respond to of 17683

If the rumors were really false, Tiger could easily open their books and show us their sparkling returns. Tom

To: Gary M. Reed who wrote (2926)	6/14/1999 4:45:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 17683

Gary, From your description, CNBC is again spreading an untrue rumour. ... but they'll weasel out of it by saying they're just reporting bs that some one else was spreading. ... the same way Maria B did last triple witching Friday with the Morgan Stanley IBM rumour which turned out, in fact, to be complete and utter bs. Get used to it. CNBC for the next 4 trading days is not to be trusted as an accurate source of anything, including the time of day. JMHO, Ian.

To: Gary M. Reed who wrote (2926)	6/18/1999 12:07:00 PM
From: SteveG	Respond to of 17683

<..What is the possibility that a CNBC reporter could investigate who is spreading the rumors about "a hedge fund going bust..."..> Ron Insana is plugged into Tiger and Robertson. Whenever he says "a large hedge fund...", he's almost invariably referring to Julian. So CNBC already has a strong link there. <..CNBC has reported several times that there were rumors that Tiger Management was in a liquidity crunch, and this rumor is/was having an effect on the market similar to Long Term Capital Management last fall. ..> Hedgefunds talk and tend to know what's going on among them. I talk to guys on both sides who deal with Robertson, Druckenmiller and others who were hearing similar rumblings about Tiger. I suspect there is some truth to it. <..I would think the S.E.C. would be interested in cracking down on whoever is spreading these untrue rumors..> Hedgefunds aren't under the purvey of SEC, and true or otherwise, I don't see public market speculation being an issue.