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To: Haim R. Branisteanu who wrote (54110)6/14/2000 7:07:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Haim, i agree 100%. i believe what will happen eventually is that one of the big players gets nervous enough to break ranks and tries to cover his positions...then the stampede will be on, and all those carefully crafted 'value-at-risk' computerized risk models will fail - AGAIN.

i'm looking forward to the too big to bail systemic stress test....
once the counterparty failure dominoes begin falling, the whole house of cards will probably unravel within days...

regards,

hb



To: Haim R. Branisteanu who wrote (54110)6/14/2000 8:17:00 PM
From: UnBelievable  Respond to of 99985
 
When Death is Absolute and Explosions Problematic

Is it really surprising that "world leaders" try to put off having to deal with as many problems as possible.

Unfortunatley, proactive leader is an oxymoron.


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