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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?


To: Tom who wrote (2361)9/28/1998 1:54:00 AM
From: Dayuhan  Read Replies (1) | Respond to of 2951
 
Does anyone here know if LTCM was among the hedge funds involved in the recent showdown with the HKMA? I know that's not what pushed them over the edge, but I wonder if their losses on Russian paper were following after a less than profitable excursion into HK.

Whatever the cause, I'm willing to toast the demise of almost any hedge fund.

Steve