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


To: Sword who wrote (1760)9/24/1998 7:27:00 AM
From: Kip518  Read Replies (1) | Respond to of 3339
 
LTCM bailout -- bankers/brokers taking care of their friends (& their self-interest) -- for the moment. For a look at the exposure of U.S. banks to global high risk debt, see ms.com



To: Sword who wrote (1760)9/24/1998 7:56:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 3339
 
>>We're gonna have some selling folks. And that's just one hedge fund. This is an
incredible story.<<

what do they own ;-)



To: Sword who wrote (1760)9/24/1998 10:40:00 AM
From: edward miller  Read Replies (2) | Respond to of 3339
 
NOT! Count the zeros. That's one billion = $1000 million.

>> $1,000,000,000 portfolio. That's a trillion. That's $1000 billion.

Hint one million = $1,000,000. No reason for hysteria.



To: Sword who wrote (1760)9/24/1998 10:51:00 AM
From: Joan Osland Graffius  Respond to of 3339
 
Sword, CNBC noted this morning that they control $80 billion of assets.

Joan