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Strategies & Market Trends : Hedge Funds -- Ignore unavailable to you. Want to Upgrade?

To: Marty Rubin who wrote (35)	10/3/1998 8:23:00 PM
From: Urlman	Read Replies (1) \| Respond to of 120

Meriwether lost it all betting on the ponies! >>> Mulcahy's Peak: void early speed, 6-wide down backstretch, outrun ........Owners: ..., 6-John Meriwether & Richard Leahy<<< equibase.com The whole Global Economy rested on on a Pony bet! You know the old joke "The only way to beat the ponies is with a stick"

To: Marty Rubin who wrote (35)	10/7/1998 4:19:00 PM
From: Marty Rubin	Read Replies (2) \| Respond to of 120

"LTCM partners borrowed large sums for stakes - WSJ" Tuesday October 6, 5:48 am Eastern Time LTCM partners borrowed large sums for stakes -WSJ NEW YORK, Oct 6 (Reuters) - Four Long-Term Capital Management LP partners, including bond-arbitrage trader Lawrence Hilibrand and currency trader Hans Hufschmid, borrowed a total of nearly $43 million to make equity investments in the now-beleaguered hedge fund, people familiar with the situation said, the Wall Street Journal reported Tuesday. Hilibrand and Hufschmid were the biggest borrowers, taking out personal loans of $24 million and $14.6 million, respectively, sources said, according to the report. Two other partners, Arjun Krishnamacher and Gregory Hawkins, are also on the hook personally, borrowing $2.7 million and $1.3 million, respectively, according to sources, the report said. (http://biz.yahoo.com/rf/981006/d4.html)