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To: JohnathanRGalt; backhoe; All

ON THE NET...

http://www.infovlad.net

http://www.infovlad.net/wp-content/images/up2973.png
http://www.infovlad.net/wp-content/images/up2974.png
http://www.infovlad.net/wp-content/images/up2975.png
http://www.infovlad.net/wp-content/images/up2976.png

http://crusader.rulez.jp/files/1013200501.mpg
http://crusader.rulez.jp/files/1013200502.rmvb


2,887 posted on 10/14/2005 11:35:45 PM PDT by Cindy
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To: Jim Robinson; tmp02; Godzilla; nwctwx; backhoe; All

Note: The following post is an exact quote:
---

http://www.freerepublic.com/focus/f-news/1502886/posts


World's hedge funds face crisis as Refco suspends trading
The Guardian (UK) ^ | Oct 14, 2005 | Jill Treanor

Posted on 10/14/2005 11:30:39 PM PDT by Travis McGee

World's hedge funds face crisis as Refco suspends trading


· Leading global broker admits 'liquidity problem'

· Billions of pounds could be tied up in frozen deals


Jill Treanor

Friday October 14, 2005




A crisis in the world's hedge fund industry was in prospect last night after one of the world's largest derivatives brokers was forced to freeze trades potentially worth billions of pounds.

The move by Refco, which acts for many leading speculative investors both on Wall Street and in the City, followed the discovery of accounts irregularities at the firm earlier this week and the issue of fraud charges against its former chief executive Phillip Bennett.

Mr Bennett has been charged with defrauding investors by using a hedge fund to hide $430m (£250m) of debts owed to the firm. A British banker who has lived in the US since 1978, Mr Bennett has been released on bail of $50m secured on a house in New Jersey, a Park Avenue penthouse apartment, $5m in cash and funds raised by six co-signers of the bail bond.

The implications of the 15-day trading moratorium on the company's Refco Capital Markets subsidiary may be felt across the world financial system, depending upon the size of the funds caught up inside Refco and the types of institutions which are unable to remove their money from the operation. By locking the clients in, Refco, which has debts of $642m, is preventing a possible mass exodus of funds which could further jeopardise its trading position. While the company gave no details of the size of the funds it had tied up in its capital markets arm, it described the operation as representing a "material portion" of its business.

The rest of the article linked HERE.


2,888 posted on 10/14/2005 11:41:23 PM PDT by Cindy
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To: Cindy

How serious are these photos in 2887?

I can't see the words on the last one, but it looks as though the towns are New York, London and ?

Thanks for all you do.


2,907 posted on 10/15/2005 3:51:59 AM PDT by nw_arizona_granny (Lavender Essential Oil, should be in first aid kit,uses: headaches, sinus,insect bites,sore muscles)
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To: JohnathanRGalt; backhoe; All

ON THE NET...

http://www.internet-haganah.us/harchives/005186.html

15 October 2005
"Temper tantrum of the day award"

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ON THE NET...
http://www.infovlad.net/?p=294
http://www.infovlad.net/wp-content/images/up2973.png
http://www.infovlad.net/wp-content/images/up2974.png
http://www.infovlad.net/wp-content/images/up2975.png
http://www.infovlad.net/wp-content/images/up2976.png

===
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ON THE NET...

http://www.internet-haganah.us/harchives/004053.html


2,931 posted on 10/15/2005 11:58:00 AM PDT by Cindy
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To: Cindy

Hi Cindy. Any idea why they have it in for Denmark?


3,010 posted on 10/16/2005 2:14:07 PM PDT by freeperfromnj
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