> On Fri, 3 Aug 2001, Lawrence wrote:
>
> > Why would a financial firm ever want their home country's
> > currency to go down?
==========
Like the working class, rentiers have no country. Lot's of US firms
have bet against the $ and won.
M-M'
Rather, M-lot's of fuzzy math-arbitrage algorithms- M' is not interested in the nationality of money, only how to make more of it with as little effort as possible.
Ian