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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (590)10/23/1998 12:53:00 AM
From: Tundra  Read Replies (1) | Respond to of 2794
 
Henry,

LTCB was nationalized today/tonite. The government indicates it will honor all obligations. (I believe that is what the article stated). In any event, perhaps the issue of derivative exposure will be visited in this context.

I scanned the article, so please double check my brief reading if you
or any other reader is interested. Sorry I don't have a link to post, but saw it on Bloomberg's.

Regards,

Tundra