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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (156)	9/25/1998 8:50:00 AM
From: Worswick	Read Replies (1) \| Respond to of 2794

Ref yours..."Worswick disappoints when he writes: The bankers involved in all these transactions were and are on the cutting edge of financial modeling. Their "mistakes" are like the first people who tested the first supersonic airplanes. A lot of them died. Oh, BARF! Gotta come down on side of J.McGowan's post* on this issue, vocex. I think that is an objective statement don't you. LTCM had two Nobel prize winning economists on it's board. Is it a mistake to say they were on the cuting edge of financial modeling. Or, am I dealing with an angry airplane buff here? Maybe I should just have said LTCM stalled out at 650mph. How's that? My best to you, Clark