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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (2631)	12/14/1998 9:40:00 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 81101

Hutch, thanks to the intervention of the Feds - I belive that truth never came out of their total exposure. Rumors and facts got mixed-up so much that you don't know which is which. So, to take your or my side of the story for Gospel Truth is a folly. But, I do believe that LTCm controlled assets worth of 100-120 bil, which includes bonds (including now infamous Danish morgage bonds) and stocks. On top of that, the naked put positions on equities and bonds were believed to be above $1 tril. <<Once again: How many people realize that a margin account is a form of derivative? >> I lost you on this one. Are you saying I don't understand this for a fact?