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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: cool who wrote (21249)10/9/1998 2:31:00 PM
From: E. Charters  Read Replies (3) | Respond to of 116786
 
LTCM's goin' broke bubbah.

It will go down in history as the largest display of hubris and financial folly to hit since the South Sea Bubble.

Betting against gold. What fuxjed up liberal namby-pamby starry eyed idealism. They went against an obvious market low. What a bunch of maroons. They had their head stuck in a text book and where reading the sections on "Marxist Prejudicial Revision of Economic Principals, Pollyanna Nebula Unchained." And that text book was firmly lodged in their rectal-colonal orifice.

If I were a contributor to LTCM I would call up and play the executives a recording of Daffy Duck singing " I Want my Money Back."

I think the government should shut their act down now as their reckless and irresponsible incompetence has been amply demonstrated. The IMF bailout is heinous. Give it to the homeless, at least they cannot help their position as they don't have overworked brains and are not in the habit of making wild assumptions. I would bet they could invest the surplus more wisely too.

EC<:-}