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 : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Lymond who wrote (34905)5/23/2000 6:16:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
John, thanks for the update...

i'm still surprised that the banks and brokers are so well bid. aren't they all speculators, and the ultimate risk takers in rate hedges etc?

i strongly suspect that at some point counter-party risk in derivatives will become an issue once more. this intricate vast VaR modelled web of interlocking positions is just asking for it...

regards,

hb