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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Amots who wrote (7210)9/29/1998 7:28:00 PM
From: Joseph G.  Respond to of 86076
 
<<''I think we were reasonably well aware of the firms' exposure under our jurisdiction,'' Levitt said, adding that regulators must still study the situation.>>

Translation: "I want a fake Nobel Prize too, I'm better than them."

<<Top Merrill Lynch and Co. Inc. executives, including its chairman, invested $22 million of their own money in troubled hedge fund Long-Term Capital Management at the start of 1998, a Merrill official said.>>

I told them: preservation of capital is first and foremost, but tehy never listen ... too greedy. -g-