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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (16550)9/28/1998 6:41:00 PM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Hedge funds face failure as borrowing costs surge

scmp.com

<< Hedge funds began experiencing an investor backlash yesterday as reports emerged that financing costs had soared by more than 200 basis points in the wake of the unprecedented bailout last week of the giant Long Term Capital Management. >>






To: John Hunt who wrote (16550)9/28/1998 6:46:00 PM
From: John Hunt  Respond to of 18056
 
PBOC deadline set on return of forex earnings

scmp.com

<< The People's Bank of China (PBOC) has ordered domestic firms involved in foreign trade and overseas-listed state companies to repatriate foreign-exchange holdings by Thursday, or they will face punishment. >>

Off with their heads?



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