Another LCTM Blow up, Who?

fxpeculator · May 10, 2005

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

jim c · May 10, 2005

Quote from fxpeculator:

Anyone have any idea which hedge fund is rumored to be serious LCTM-like trouble related to the GM long bond/short stock trade?

Is this Long Capitol Term Management? Sorry j/k.

i know nothing. Jim

fxpeculator · May 10, 2005

Quote from jim c:

Is this Long Capitol Term Management? Sorry j/k. i know nothing. Jim

Yes, there is a rumor that another major fund is in serious trouble.

mschey · May 10, 2005

Great, just what we need! Time to bail out another hero who is willing to risk everything for his own personal edification.

tomcole · May 10, 2005

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

fxpeculator · May 10, 2005

Quote from tomcole:

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

Thanks, whats the source of the story?

Thunderdog · May 10, 2005

Quote from jim c:

Is this Long Capitol Term Management? Sorry j/k. i know nothing. Jim

On the plus side, he didn't use the word "capitol," which refers to a government building.

PoundTheRock · May 10, 2005

Quote from mschey:

Great, just what we need! Time to bail out another hero who is willing to risk everything for his own personal edification.

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?

jim c · May 10, 2005

Quote from Thunderdog:

On the plus side, he didn't use the word "capitol," which refers to a government building.

AWWWWWWWWWW .....i like it thunderdog! Jim

fxpeculator · May 10, 2005

Quote from PoundTheRock:

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?

LMAO