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To: pater tenebrarum who wrote (2959)7/10/2000 4:46:08 PM
From: re3  Read Replies (1) | Respond to of 436258
 
Heinz, is that 8 times morgan's OWN equity or are they just the bookie taking bets for that amount of $



To: pater tenebrarum who wrote (2959)7/10/2000 4:47:17 PM
From: MythMan  Read Replies (2) | Respond to of 436258
 
Morgan is one of those institutions that would be saved...because of who they are..

these derivative numbers have been high for a long time now. I tend to now question the real risk.



To: pater tenebrarum who wrote (2959)7/10/2000 9:36:43 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<with 8 times its equity tied up in derivatives, i sometimes wonder...accidents in finance DO happen now and then... >

Just had to click on the computer for a sec even on vacation!! Although there is counterparty risk... most of this is offsetting positions. It's really no different than the banks loans on the books, right?

DAK