[lbo-talk] Greenspan warns about hedge funds and derivatives

[Autoplectic]

On 5/7/05, Marvin Gandall <marvgandall at rogers.com> wrote:
> (Worry continues to mount within ruling circles about the shaky new
> financial system built on derivatives and hedge funds, which Allan Greenspan
> told a regional meeting of the Federal Reserve on Thursday, hasn't
> "adequately been tested by market stress". 

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<http://www.federalreserve.gov/boarddocs/speeches/2005/20050505/default.htm>

Remarks by Chairman Alan Greenspan
Risk Transfer and Financial Stability
To the Federal Reserve Bank of Chicago's Forty-first Annual Conference on
Bank Structure, Chicago, Illinois
(via satellite)
May 5, 2005

-- 
"C'mon Mr. Krinkle, tell me why" [Primus]