I thought Barron's, uh, like sucks!
>On that score, it's sobering to note that $125 billion of the
>total of $365 billion of commercial loans made in this country last year
>were extended to finance securities dealings. >>
Scholes & Co. averaged aboit a 50% return since 1995. Also, UBS had made personal loans to managers to "Long Term Capital" - what a truely IRONIC name for a hedge fund!!!! This is a great time to be teaching a course in banking and fin instituions - every fact and idea in the text is wholly incapable of understanding anything going on!!!