|
PureBytes Links
Trading Reference Links
|
FYI the URL for the prediction company is:
http://www.predict.com/index.htm
BR
----- Original Message -----
From: "Ronald McEwan" <rmac@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, April 07, 2000 9:54 AM
Subject: [RT] Re: US Govt. Manipulation of Stock Market
> Bruce, good point on the Prediction Company. I was curious about why the
> would be so public about their work , so I read the book. It was very
> revealing. Wall St (mostly the big banks and Citicorp in particular) had
> turned to these guys for a way out of the big hole they had dug
> themselves into with shaky third world loans (Citicorp was sitting on a
> total bill of 300 billion dollars in third world debt losses). Their so
> called economic models were so far from reality and they were desperate
> for a new solution. Doyne Farmer was giving a lecture and was approached
> by Craig Heimark from O'Connor & Associates to come work with them.
> O'Connor & Associates, apparently were also looking for new ideas That
> was their first big break. Then UBS went on a buying spree and bought
> O'Connor & Associates (and eventually Warburg Dillon Read). Now they were
> in bed with the smartest and most successful derivative traders that
> ever lived. And they had the massive capital resources of USB behind
> them. With guys like O'Connor & Associates to hold your hand and USB to
> fund you, how can you not be successful!!!! Without this their work
> would still be collecting dust in old copies of obscure academic
> journals.
>
> Ron McEwan
>
>
>
|