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To: Amots who wrote (8872)10/17/1998 5:49:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
>>Ellington Management is run by Michael Vranos, the former
mortgage bond chief at the now-defunct Kidder, Peabody & Co.
The fund sold more than $2.3 billion of securities this week to
meet loan calls by Salomon, UBS AG and NationsBank Corp., among
others, said traders who bid in the offerings.<<

UBS -- they got hurt with LTCM, too.

Next 2 - 4 weeks should be interesting for the debt, currency and stock markets.