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Mark's got it right this is what was told to me only the 11 was 9 when it
was told to me.
Robert
, Mark Brown wrote:
>
>The problem was a trader bailed on 11 million in bond futures, at the same
>time same time there were some jap yen problems in the millions from another
>trader went sour. The debts are collectable, and they hit the early warning
>make of 6%. They took care of the problem and bonds went in the firms favor
>to help out. Everything is OK if it was not they would be closed the next
>day, and the next day has past. You will never hear of a firm going under
>ahead of time. Just like the news will never tell you the reason the market
>is going up or down ahead of time. mb
>
>
>:
>:LFG Customers,
>:
>:I just got of the telephone with Mr. CW "Corky"Anderson Senior Vice
>:President of LFG and it seems there was a problem but its over. I sent him
>:and e mail and told him about this list and he is going to address the e
>:mail and forward it to this list describing the problem and its solution.
>:
>:Robert
>:
>
>
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