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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: nickel61 who wrote (2235)3/31/2002 3:03:26 PM
From: nickel61  Respond to of 3558
 
The real news here is that Barrick did take its forward sale proceeds and invest them heavily in fixed income vehicles sold to them by their bankers, JP Morgan/Chase. And yes Enron debt instruments were a major part of those investments...That is the news.

Second question is when do the bodies buried in the offshore hedge accounts start floating to the surface?



To: nickel61 who wrote (2235)3/31/2002 3:46:36 PM
From: Enigma  Respond to of 3558
 
Accounting 101 - how can a 'registered investment adviser' have such a shaky understanding of accounting fundamentals?