To: donald martin who wrote (26694 ) 1/22/1999 8:07:00 AM From: long-gone Read Replies (1) | Respond to of 116781
<<<<and why hedge funds should be better regulated>> by whom?>> Donald, (All) Welcome, and please excuse my total lack of perspective on this issue. One can even carry it so far as to say I have lost all couth concerning the issue - and they might not be out of line - as I have lost near everything. There, the disclaimer! Are these people who have run these Hedge Funds are the most worthless and despicable of the world's assholes? Are they absolutely and completely devoid of all morals? Have they but one driving instinct with-in their total being - greed! To accomplish this goal of personal worth accumulation is any act beyond the venue? Are they capable(with-in this most warped of value systems) of anything? r Can anything that comes from their speech or writings of anyone from the investment world ever be believed or trusted? Would they buy, sell, corrupt or steal everything with-in their reach were they allowed wether it is with in their ownership - or not - if there is a profit to be made? If something is beyond their control will they despoil it? If they needed to make people question the worth of gold, would they just expound on the most ludicrous of ideas, then buy the Nobel prize in economics? This would yield respectability they require. Need to further your ideas? Would they just buy the heads of several banks and brokerage houses a person or two in the news media, and stir in a few members of a few Central Banks? Now, they could borrow 30% of the money in the world! With the leverage built into the system, this will allow them to control the wealth of the world - through a lie. Well, we shall see the total reach of their power in one more week: BIS report on leveraged lending due next week NEW YORK, Jan 21 (Reuters) - The long-awaited report from the Bank of International Settlements (BIS) on lending to highly leveraged institutions will be released next week, Federal Reserve Bank of New York President William McDonough said on Thursday. McDonough, who also is the chairman of the BIS's Basle Committee on Banking Supervision, said the report was completed and studied by senior banking regulators of G-10 countries. The New York Fed will make it public at a news conference late next week. The report was commissioned in the wake of last year's global financial market crisis and the rescue of the highly leveraged hedge fund Long Term Capital Management (LTCM). McDonough, who has repeatedly has called for financial market discipline, said the report analyzes how firms can secure so much leverage and will include a section on recommended ''Best Practices'' on dealing with highly leveraged institutions, such as hedge funds. No other details were available. McDonough's remarks came during a question and answer session following a speech at a Bond Market Association conference.biz.yahoo.com Submitted for your consideration: conditioned response 1 definition found. ------------------------------------------------------------------------ conditioned response n : an acquired response that is under the control of (conditional on the occurrence of) a stimulus [syn: conditional reflex, conditioned reflex, acquired reflex, conditional reaction, conditioned reaction, conditional response] Find similar words in Roget's Thesaurus --- Search for conditioned response at: Ask Jeeves - Encyclopedia.com - Infoplease - Merriam-Webster - Thesaurus.com - More... Copyright © 1999, Lexico LLC. All rights reserved.dictionary.com *&term=conditioned+response&x=9&y=11 Just how much of this "Greatest Bull Market" of history was real and how much was "conditioned response" to "reward those who bought the dips"? Have times really been "perfect"? That is what these valuations would indicate! And of gold, Is the action even today simply another "conditioned response"? How many times have we been told "The top for gold is $320" by Merrill Lynch representatives who are invested in LTCM? Of late, we have even been told "Gold represents trading opportunities". Scotty, has even befriended us with the "Moon trading system for gold". Yet another "conditioned response"? And of the coming report, What will it say? Was all the damage done to JFK and others that fateful day "by a single bullett"? Will our report follow the example of this "Master of all Government reports of truth? OK, I don't know the answer to your question. Maybe these "greater minds" will? Something must be done to apply some controls to these devoid of morals and by someone. Or, are they on the "take" also? For the sake of a free economy! richard