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To: Box-By-The-Riviera™ who wrote (158514)4/4/2002 11:35:46 PM
From: LLCF  Read Replies (2) | Respond to of 436258
 
Oh me, Oh my.... we are about to find out ALL about counterparty risk my friends!!!!! HO HO HO Let me tell you something my friends.... those banks stuffed that Turkey FULL derivatives and wonderful spreads that were essentially 'synthetic loans'!! HO HO... balance sheet trading... cheaper to borrow in the market! These boyz are toast!! NOW WE MELT!

DAK



To: Box-By-The-Riviera™ who wrote (158514)4/5/2002 11:15:22 AM
From: yard_man  Read Replies (2) | Respond to of 436258
 
must be why the banks are rallying -- it makes sense when you think about it