Another LCTM Blow up, Who?

Discussion in 'Trading' started by fxpeculator, May 10, 2005.

  1. Anyone have any idea which hedge fund is rumored to be serious LTCM-like trouble related to the GM long bond/short stock trade?
     
  2. jim c

    jim c

    Is this Long Capitol Term Management? Sorry j/k. :) i know nothing. Jim
     
  3. Yes, there is a rumor that another major fund is in serious trouble.
     
  4. Great, just what we need! Time to bail out another hero who is willing to risk everything for his own personal edification.
     
  5. tomcole

    tomcole

    briefing said earlier that Deutsche Bank wouldnt comment that a fund they sold GM bonds to had a big loss
     


  6. Thanks, whats the source of the story?
     
  7. On the plus side, he didn't use the word "capitol," which refers to a government building. :)
     
  8. No, it's just someone trying to make money. Isn't that what you're trying to do, or is it just for your personal edification?
     
  9. jim c

    jim c

    AWWWWWWWWWW .....i like it thunderdog! Jim
     
  10. LMAO
     
    #10     May 10, 2005