[lbo-talk] populist eruptions

[Bob Morris]

Last year two Bear hedge funds blew up and they tried to move them offshore
to prevent claims against them. This also annoyed a lot of folks,
apparently.

Doug Henwood <dhenwood at panix.com> wrote:


>
> Bear refused to take part in the LTCM rescue ten years ago, which is
> unusual, since most firms don't want to alienate the central bank. I
> wonder if the Fed didn't have a little revenge on its mind.
>