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


To: Henry Volquardsen who wrote (878)4/5/1999 3:07:00 PM
From: accountclosed  Respond to of 2794
 
Hedge Fund Bailout shows need for transparency-S&P...

''The real lesson of the crisis was the enormous pressures on banks with large trading operations to do business with hedge funds -- the extent to which banks rely on the information garnered from executing hedge funds' transactions for market intelligence and ideas for their own trading strategies,'' Ms. Azarchs said.

However, House Banking committee leaders have warned that Congress may regulate hedge funds if banks are unable to better manage the risk of lending to these highly leveraged firms.


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