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Refco capital market corp. suspended for 15 days....huge losses. [Copy link] 中文

Rank: 8Rank: 8

Post time 2005-10-14 12:05:58 |Display all floors
A British Banker by name of Mr. Bennet has probably crippled the American Hedge Fund Industry.

The Refco capital market corp. whose shares has been marketed by blue blood Jeewish bank and some European banks such as Goldman Sachs, Deutch Bank, J P Morgan, Merrill Lynch, Bank of America, and Credit Suisse First Bank.

The Refco is said to be the world's largest futures broker with 450 office world wide. Refco forex market volume was said to be US$111 billion last year!

Does that mean..there would be less "market upheavals" in the future...

whatever this means.....China needs to develop our own "market controls and influence"....and this would include

(1) Market pits.
(2) Market makers
(3) Back office clearing
(4) Dedicated cable, satellite global communication.
(5) Own Bourses
(6) Interfaces with the European, British, American systems....

cheerios!

fm
cheeky Game Master
Lord of the code

Council of Malaya
Elders.

Use magic tools Report

Rank: 8Rank: 8

Post time 2005-10-19 14:05:46 |Display all floors

Would this be English Club tomfoolery?????...got to see for "water to clear".

..why the sudden urge to buy Sinopec?

...did the Benette Refco incident really cripple American hedge fund industry?

....mmmmmm got to observe.

cherios!

fm
Cheeky Game Master
Lord of the code

Council of Malaya
Elders.

Use magic tools Report

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