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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (32868)9/25/1998 1:46:00 PM
From: yard_man  Read Replies (2) | Respond to of 132070
 
Thanks for responding to my poll. How would a 25 basis point move help LTC or other similarly situated firms?

I've read several articles, but still don't know what the specific bets were. I guess it is possible that other hedge funds were situated with positions that benefitted when LTC got hammered?

Kind of early to start saving the banks, isn't it?