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hi bruce, wasn't ltcm's bankrupcy a result of the then popular yen / bond
strategy unwinding too??? or is that what you're referring to?
TJ, a small nibbler fish in a big big ocean
a classic case of pure capitalism at work.....i love it!!!
to the victors (and smarts) go the spoils
At Tue, 15 Feb 2000 23:52:09 -0500, "BruceB" <bruceb@xxxxxxxxxxxxx> wrote:
I won't argue with the
>good
>Doctor about how the trades were actually implemented, but I do know
>that
>LTCM was heavily short US Bonds, and was heavily leveraged. That part
>most
>people know.
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