[lbo-talk] the private Roach: really scared

Doug Henwood dhenwood at panix.com
Tue Nov 23 09:26:12 PST 2004


srobin21 at comcast.net wrote:


>Forgive me for my cynicism, exactly what kind of financial product
>was Roach selling in that meeting?

You're forgiven, but Roach really seems to believe it. It's not good for selling dollar-denominated securities, for sure. Maybe euro-denominated short-term government paper or gold. But I doubt his Morgan Stanley colleagues are entirely happy with his line.

Doug



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