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To: lorne who wrote (48757)2/10/2000 8:29:00 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
Yes, I own a touch of both, & am glad to see a very small hedge position in both!



To: lorne who wrote (48757)2/10/2000 11:54:00 AM
From: goldsheet  Respond to of 116764
 
> New York--Feb 9--Homestake Mining Co. may engage in some hedging to finance development of its 60%-owned Veladero property in Argentina

HM paid a lot of money to acquire Argentina Gold. I hope they find enough money to develop it, otherwise I'm sure the owner of the other 40% would be willing to buy it and finance it.



To: lorne who wrote (48757)2/10/2000 2:02:00 PM
From: Alex  Read Replies (1) | Respond to of 116764
 
Greenspan Eyes Derivative Exemption

You mean like they way they don't regulate hedge funds?

<<...Greenspan, testifying before the Senate Agriculture
Committee, asked lawmakers to adopt the
recommendations of a White House task force, which
included exempting over-the-counter derivatives from
government regulation and allowing the financial
institutions using them to police the market themselves.

Joining Greenspan in his request were Treasury Secretary
Lawrence Summers and William Rainer, chairman of the
Commodity Futures Trading Commission. Like Greenspan,
they are members of the President's Working Group on
Financial Markets, which was established after the
October 1987 stock market crash.

``I see a real risk that, if we fail to rationalize our regulation
of centralized trading mechanisms for financial instruments,
these markets and the related profits and employment
opportunities will be lost to foreign jurisdictions that
maintain the confidence of global investors without
imposing so many regulatory constraints,' Greenspan said....>>

dailynews.yahoo.com