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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (1758)	9/24/1998 3:12:00 AM
From: Moominoid	Respond to of 3339

S&P Globex is flat on the close but Asia and now Germany up strongly. David

To: Box-By-The-Riviera™ who wrote (1758)	9/24/1998 4:46:00 AM
From: Sword	Read Replies (4) \| Respond to of 3339

"The consortium of banks lending the money will now own 90 percent of the firm and appoint an oversight committee that will direct its overall strategy and make sure it reduces its exposure to markets." $1,000,000,000 portfolio. That's a trillion. That's $1000 billion. Plans to reduce its exposure. No wonder the Fed was afraid that liquidating would cause a worldwide market meltdown. We're gonna have some selling folks. And that's just one hedge fund. This is an incredible story. -Sword