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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (43398)	10/13/2005 12:45:50 PM
From: Win-Lose-Draw	Respond to of 110194

Lots of Refco discussion: elitetrader.com elitetrader.com elitetrader.com In other words, they have extended that amount in credit to their customers. That's just nonsense, frankly, and irresponsible nonsense at that.

To: orkrious who wrote (43398)	10/13/2005 1:35:17 PM
From: Wyätt Gwyön	Read Replies (4) \| Respond to of 110194

efco (RFX) has just gone bye-bye. It's customers will not be able to get their money back for 15 days (yeah right) because the company does not have sufficient liquidity. I am trying to sort through what this all means, but Bloomie shows $66 billion of liabilities for RFX, and if I were the creditor right now I'd be looking for a big diaper. what does that mean for people with futures accts at Lind-Waldock? ouch!