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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (37957)12/3/1998 1:10:00 AM
From: Oblomov  Read Replies (1) | Respond to of 132070
 
I am hearing rumors that a rather large, "genteel" investment bank
has suffered huge losses in their U.S. mortgage book, resulting in
layoffs in their mortgage trading and derivatives trading divisions.

Not surprising, I suppose. MB, which expiration month for puts
do you favor for the money center banks?

Andrew Aiken