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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (36091)	7/16/2003 1:35:23 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

suggested reading on the subject of LTCM: a very appropriately titled book: When the genius failed amazon.com The fed got the banks together (a dozen or so of the biggest) and kept banging their heads against the conference table until they coughed up a couple of Billion dollars for intravenous injection (I think it was 3.65, but if that was all I dont remember. iow, to the best of my knowledge there was not fed money printed to suit the LTCM geniuses. regZ dj