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To: PMG who wrote (192070)	9/15/2002 9:21:24 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 436258

PMG, at a guess, 80-20 ...

To: PMG who wrote (192070)	9/16/2002 9:29:57 AM
From: smolejv@gmx.net	Respond to of 436258

re >>...We know Morgan is a mega-short gold.... [together with their] their interest rate derivative position, which is even more obscenely huge... << It just feels like LTCM all over again, except >>The problem for U.S. financial markets is that the gold and interest rate derivative problem of Morgan alone may be too big to fail and too big to bail. << ... add CitiCorp to it to be on the sure side ... Re "Mixture of truth and fantasy" question - one feels like Rosemary in "Rosemary's baby". Asleep and awake, it's pretty much the same nightmare. RegZ dj