SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Michael Sphar who wrote (6772)9/28/1998 1:10:00 PM
From: Bosco  Read Replies (1) | Respond to of 9980
 
G'day all - regarding LTCM, after letting it sink in for a while, IMHO, usual explanations aside, it is possible that it serves as a message to the FED counterpart in Japan: a country should bear some responsibility to its respective financial institutions. AFA the US history is concerned, bail out is a mixed bag: "No" to NYC; "Yes" to Chrysler; "No" to Drexel; "Yes" to Mexico [ok, this empirical enumerication is slightly flawed since different bailouts have been sponsored [or rejected] by different govt bodies.] Still, I think this is to support the claim that the LTCM case can be more than to meet the eye.

best, Bosco



To: Michael Sphar who wrote (6772)9/28/1998 7:02:00 PM
From: Tundra  Read Replies (1) | Respond to of 9980
 
<I personally don't care about LTCM a bit.>

It is difficult to muster much sympathy for these fellows, isn't
it? It will be interesting to learn with some degree of confidence the leverage employed. In any event, I suspect the measure of exposure
is still up in the air. Time will tell.

Regards,

Tundra