Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (162560)	4/26/2002 9:44:10 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 436258

One more time, this time with fevor this will end very badly.....

To: LLCF who wrote (162560)	4/27/2002 7:21:58 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

Dak: Many thanks for the comments. I saw the FRE exec's statements (thanks to our thread's "info hound"), but had difficulty understanding the context of it. I have tried in the past to get my mind wrapped around their "hedging strategy" but in the end, just gave up. "Borrowing short to lend long" has historically led to "perfect storm" events for participants (derivatives not withstanding) and like you, I expect their Ponzi scheme to blow up once interest rates turn. Keep the comments on our "government-sponsored" twins coming as their derivative machinations are murky waters for me (and I suspect for most others). Best, Earlie