To: rumrunner
This is a rather hysterical headline. If this was an issue, one would think we would have had some wind of it. Is the fact that these two banks are the ones that have Enron exposure just a coincidence? Maybe Kudlow has his wires crossed and that is the source of the exposure, not "derivatives."
25 posted on
07/23/2002 5:34:01 PM PDT by
Torie
To: Torie
I believe it was Time magazine that wrote a major scare story on the derivitive load and American banks a couple of years ago. This fast and loose crap has been going on behind the scenes for a while.
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