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


To: Alias Shrugged who wrote (53927)3/30/1999 10:06:00 AM
From: Knighty Tin  Read Replies (7) | Respond to of 132070
 
Mike, I just hope it isn't any of our money market funds loaning to these countries. <g> I laugh, but Alliance got nailed by Mexican debt in the last crash, and they are a big money fund player at brokerage firms.



To: Alias Shrugged who wrote (53927)3/30/1999 10:22:00 AM
From: Earlie  Read Replies (1) | Respond to of 132070
 
Mike:

I'm with you. This bond market is starting to creak and groan. To me, it's a mirror of last August (i.e., just before it locked up), and they've dumped a bunch more paper into the dumpster since then.

Reminds me of watching kids blowing up balloons,....bigger and bigger, while the skin gets thinner and thinner.

Best, Earlie