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To: long-gone who wrote (76406)9/20/2001 1:32:10 AM
From: rails99  Read Replies (1) | Respond to of 116753
 
Hi Long-gone: Agree and see your point completely. Ever had someone tell you, " You know I always have ....., BUT business is business". As there is reported short work being conducted by the hedge funds and financials, it would seem wall street business is back to the norm.

Sort of have to believe this tragic NYC event and this latest group of insurance losses are going to snowball into an immense catastrophe for the entire derivatives business. The premium charge for reinsurance investment will have to increase, in order to entice future investment in certain forms of coverage. Many companies are not going to be able to afford such risk premiums. (JMHO)

Best Wishes;
Rails