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To: Gemlaoshi who wrote (10944)11/1/2001 10:12:11 PM
From: Stoctrash  Read Replies (1) | Respond to of 74559
 
<<eventually financial suicide to continue to borrow on the short end of the curve to finance obligations on the long end of the curve!!>>

My exact worry going forward.
How stupid will they be? We're gunna find out the hard way.



To: Gemlaoshi who wrote (10944)11/2/2001 11:29:00 AM
From: LLCF  Respond to of 74559
 
<. However, as the Savings and Loan industry illustrated so well only a decade ago, it is eventually financial suicide to continue to borrow on the short end of the curve to finance obligations on the long end of the curve!!>

WEll said... if one assumes we have no reason to be involved that far out, it makes sense.

dAK


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