One doesn't know, but if Cramer's reports are true (big IF), the rapid and sudden dumping of assets on the market by hedge funds ... is a red flag for regulating their access to leverage, at a minimum.
It appears that the lessons of LTCM have not been ... taken to heart. Maybe, 100 small firms all going bust on the same day has the same market impact as .. LTCM, yes?
Friday, October 24, 2008
Dumping of assets
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