Free Republic
Browse
·
Search
News/Activism
Topics
·
Post Article
To:
SirJohnBarleycorn
My statement:
Supposedly one of the reason's
Greenspan
stepped in to bail out LTCM
I never said it was a GOVERNMENT bailout. I think we are in agreement.
45
posted on
09/22/2005 8:20:41 AM PDT
by
Jack Black
[
Post Reply
|
Private Reply
|
To 43
|
View Replies
]
To:
Jack Black
It's true LTCM lost a few hundred million on Russian and other emerging markets bets. But they sustained
billions
of losses in their core fixed income and equity index arbitrage positions.
46
posted on
09/22/2005 8:36:54 AM PDT
by
SirJohnBarleycorn
[
Post Reply
|
Private Reply
|
To 45
|
View Replies
]
Free Republic
Browse
·
Search
News/Activism
Topics
·
Post Article
FreeRepublic
, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson