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To: don pagach who wrote (6680)9/24/1998 4:37:00 PM
From: Henry Volquardsen  Read Replies (3) | Respond to of 9980
 
The deal does not allow LTC to do anything. They have lost control of the fund. They will be liquidating under the direction of the banks. Since the banks can take the risk directly if they wish there is no need to use LTC for it. LTC is toast.



To: don pagach who wrote (6680)9/25/1998 9:28:00 AM
From: Bill Grant  Respond to of 9980
 
Don,

This article says a lot, and supports your point.

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