To: JohnGalt
I hate to say this but the most aggressive short fund running at the time of the attack was the firm that was wiped out except for their CEO. Can't think of the name but you all remember it. Wouldn't it be evil genius to have blinded business people with the potential for unlimited windfall and then have those very people eliminated along with the proof of complicity. I am not alleging anything, but it would make for a great movie.
9 posted on
04/15/2003 12:56:32 PM PDT by
kinghorse
To: kinghorse
Imagine a situation where one greedy brokerage would take a call from a very wealthy ME magnate that there was good information an attack would take place which would shake the markets to their collective foundations. Set up the shorts and wait only to find out the catastrophe involved erasing the very firm involved in the conspiracy. Cold irony.
I may indulge my creative side and write a screenplay.
To: kinghorse
Cantor Fitz?
To: kinghorse; Fred Mertz
..."the most aggressive short fund running at the time of the attack was the firm that was wiped out except for their CEO. Can't think of the name but you all remember it."would you be attempting to refer to Cantor Fitzgerald? they were officed in WTC and lost most all of their employees.
cantor was never known as an operator of a "short fund". their specialty was US Treasury notes & bonds.
coud you be more specific about your "short fund"?
63 posted on
04/16/2003 5:07:35 AM PDT by
thinden
To: kinghorse
You mean David Alger at Fred Alger management? He wasn't a short fund mangager at all, but a growth manager.This idea of "extraordinary" option activity is a crock to any in the biz, and yes, i'm in the biz.The position sizes were marginal at best.2500 contracts isn't going to be the stuff of James Bondian super villans, when the cleanest way to speculate on the mkt was to short the S&P 500 contract in Singapore.Good Lord, the firms would know who placed the orders and so would the Clearing Corp.
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