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


To: Henry Volquardsen who wrote (199)9/25/1998 8:37:00 PM
From: Enigma  Read Replies (2) | Respond to of 2794
 
Henry - are loans by banks to hedge funds secured in any way - can't see what security they could offer? So are they simply demand loans? Wonder then what the debt equity ratio of a typical hedge fund might be? E



To: Henry Volquardsen who wrote (199)9/26/1998 11:59:00 AM
From: Hal Ford  Read Replies (2) | Respond to of 2794
 
NY Times article says that LTCM leveraged 1.2 trillion US$, well above the originally reported 100 billion US$. nytimes.com