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To: DO$Kapital who wrote (68850)10/2/1998 2:19:00 PM
From: LemurHouse  Respond to of 176387
 
Buffet wasn't offering to "bail them out", he was offering to buy their assets for pennies on the dollar. I have no sympathy for LTCM or the investors who got burned by their high-dollar dice rolling. But one shouldn't expect them to take Buffet's offer if they could cobble together another solution.




To: DO$Kapital who wrote (68850)10/2/1998 11:55:00 PM
From: kemble s. matter  Respond to of 176387
 
Stephanie,
Hi!!! <<<<<<STEPHANIE WOODS, NIGHTLY BUSINESS REPORT, CORRESPONDENT: Why did a
highly leveraged hedge fund with well healed (sic) individual and institutional investors get a helping
hand from the head of the New York Federal Reserve? >>

Hey, I'm with you on this....

Best, Kemble


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