To: bmillermn who wrote (5759 ) 8/1/2007 10:50:28 PM From: SliderOnTheBlack Read Replies (2) | Respond to of 50320 re: ["Would you care to elaborate on what you believe Paulson would do."] It's not what Paulson "would" do... it's what he is already doing and what he is going to continue to do. That IMF story is not coincidental. It's a talking points memo to the "rest" of the street, and a shot across the bow warning to the independent trading community (read hedge funds). I'm not even sure I'd call it a "conspiracy" , because the reality is that it's a policy decision. The President's Working Group on Financial Markets (PWG), the Treasury Dept. and the Fed...have both public and private policy initiatives. Washington is no different than Wall Street. On Wall Street... before virtually every single major deal of late, we've seen huge speculative option activity. It's the nature of the beast. It's always been that way, still is, and always will be. Washington is no different. There are no secrets... just insiders. Many of these insiders will share that information for favor, or for profit. And often by design, as part of policy, because they need and/or benefit from the cooperation of the beneficiaries of that insider information. The IMF, the G-8, the PWG, the Treasury, the Fed and the "insiders" on Wall Street are all aligned on this...partly, because it is all in their best interest to be...and partly because they now have no choice...given the fractures now appearing in the derivatives market. I apologize, but I'm going to have to continue the rest of the story this weekend. I have to return a business call and have a 4:30 a.m. wake-up call tomorrow. ...I'll cover the rest of the story by Sunday night. 'till then, stay on your toes...and stay outside the box. SOTB