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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Rational who wrote (7282)9/27/1999 9:12:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Prof: Greenspan and them 'big' banks.

I remember that L.T Capital guys and their 'neural network' BS in deciding the direction of the market and their investments,guess the 'neural' thing didn't work inspite of the 'Noble Price' and everything. I am glad in a way they came to Long Term Capital's rescue 'cos that saved many of the small investors from disaster.

Didn't know exactly what Harshad Mehtha did,thanks for the explanation.



To: Rational who wrote (7282)9/27/1999 9:19:00 PM
From: Mohan Marette  Respond to of 12475
 
Prof:But didn't Harshad borrow the stock from Public enterprises like MUL and some of the public banks, perhaps playing with public money was the problem.


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