Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (29235)	9/28/1998 4:54:00 PM
From: HighTech	Read Replies (1) \| Respond to of 94695

The Dow has been up nine of the last 12 trading daze. HiTech

To: GROUND ZERO™ who wrote (29235)	9/28/1998 5:19:00 PM
From: yard_man	Read Replies (1) \| Respond to of 94695

I don't borrow to speculate either -- I was just making the point that LTCM borrowed to speculate, lost only it's capital, right? The banks took over the positions. Some have said it isn't a bail-out. If they are no longer on the hook for what they borrowed -- that is a bailout in my opinion and if it is the banks money, then the banks are no longer quite as strong as they used to be -- who suffers for that? Shareholders and depositors perhaps? Point is the risk was transferred to someone else. Not fair, IMO.