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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Alan Bell who wrote (1190)9/24/1998 2:05:00 PM
From: Wally Mastroly  Respond to of 15132
 
Re:" Hedge Fund....Have I missed something?"

No, I don't think so. See link:

usatoday.com

My assumption was that the Fed got involved only to "prevent a panic situation from developing". Of course that opinion may be somewhat naive.



To: Alan Bell who wrote (1190)9/24/1998 2:08:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Another example of the old saying: "If you owe the bank $1 million, you are in trouble. If you owe the bank $1 billion, the bank is in trouble."

Best wishes,

I2