[Ferretlover]

$this->bbcode_second_pass_quote('EnergyUnlimited', 'D')o you really understand implications of owning of .ltd or .plc company?

[skeptik]

$this->bbcode_second_pass_quote('wisconsin_cur', 'B')ut in march Forbes had his personal wealth at "only" 45 billion?

[EnergyUnlimited]

$this->bbcode_second_pass_quote('Ferretlover', '')$this->bbcode_second_pass_quote('EnergyUnlimited', 'D')o you really understand implications of owning of .ltd or .plc company?

[ReverseEngineer]

$this->bbcode_second_pass_quote('EnergyUnlimited', '')$this->bbcode_second_pass_quote('ReverseEngineer', '
')Given that many of your "richest" folks own companies with huge liabilities, as the system crashes, they would effectively turn into the world's biggest debtors.

[threadbear]

$this->bbcode_second_pass_quote('EnergyUnlimited', '')$this->bbcode_second_pass_quote('ReverseEngineer', '
')Given that many of your "richest" folks own companies with huge liabilities, as the system crashes, they would effectively turn into the world's biggest debtors.

[Ferretlover]

Thank you, EU.

[EnergyUnlimited]

$this->bbcode_second_pass_quote('ReverseEngineer', 'T')he limited liability corporation ultimately renders all your cockroach and prostitution schemes unworkable, so I can't see why you would be in favor of this. While you can hold J6P accountable for spending too much money on beer and living beyond his means on debt, you can't hold the officers of AIG accountable for their debts and money they spent on manicures?

[ReverseEngineer]

$this->bbcode_second_pass_quote('EnergyUnlimited', '')$this->bbcode_second_pass_quote('ReverseEngineer', 'T')he limited liability corporation ultimately renders all your cockroach and prostitution schemes unworkable, so I can't see why you would be in favor of this. While you can hold J6P accountable for spending too much money on beer and living beyond his means on debt, you can't hold the officers of AIG accountable for their debts and money they spent on manicures?

[EnergyUnlimited]

$this->bbcode_second_pass_quote('ReverseEngineer', 'T')he problem you run into here is with your pricing structure and who if anyone will buy said prostitute's favors if as a whole the society is broke and people are more worried about EATING than they are about F*CKING. LOL. Also, why bother paying when rape is the more direct method?

[drgoodword]

Citigroup shutters one of its hedge funds.

$this->bbcode_second_pass_quote('', ' ')Citi is shutting down a corporate credit hedge fund called Corporate Special Opportunities after it slumped more than 50% in October.

"As with many other credit-based investment products, investment returns have been hurt by one of the most volatile periods for fixed income in history," a Citigroup spokesman said in a statement Wednesday.

In February, Citi suspended investor redemptions from the fund, which once had more than $4 billion in assets.

[Minvaren]

Hedge funds impose emergency measures to prevent withdrawals.

[carbniky]

It will be faster than anyone ever expected. Everyone will know when it happens and almost all will die of starvation and cold within months, . Winter without heat will be ugly.

Then the final nukes.

[Cid_Yama]

"It's a fine line between managers acting to preserve the value of portfolios for investors and acting to protect their own interests," said Christopher Addy, chief executive of Castle Hall Alternatives, which advises investors on the operational risks of hedge funds. "It's a very difficult situation and I don't think there's a right or wrong answer."

Hedge funds have been hammered this year by the mortgage-fueled credit crisis, which has triggered a rush for cash across global financial markets. The average fund has lost a record 16% so far this year and investors withdrew $40 billion in October leaving industry assets at $1.56 trillion, according to Hedge Fund Research.

<b>Between $650 billion and $700 billion may be withdrawn from hedge funds by the end of this year</b>, Empirical Research Partners estimated this week.
link

$this->bbcode_second_pass_quote('billg', 'N')otice he says "in coming days", not in the coming weeks or months.
$this->bbcode_second_pass_quote('', '[')...]''Systemic risk has become bigger and bigger,'' Roubini said at the Hedge 2008 conference. ''We're seeing the beginning of a run on a big chunk of the hedge funds,'' and ''don't be surprised if policy makers need to close down markets for a week or two in coming days,'' he said.[...]

[Cid_Yama]

"Coming days" is a colloquialism. Means "in the future", not intended as literally days. He was talking about the 4th quarter and the anticipated hedge fund redemptions.

This is truely it. You can't pull a trillion out of the market to pay redemptions without it slamming the markets and causing a crisis.

[Zardoz]

$this->bbcode_second_pass_quote('carbniky', 'I')t will be faster than anyone ever expected. Everyone will know when it happens and almost all will die of starvation and cold within months, . Winter without heat will be ugly. Then the final nukes.

[carbniky]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('billg', 'N')otice he says "in coming days", not in the coming weeks or months.$this->bbcode_second_pass_quote('', '[')...]''Systemic risk has become bigger and bigger,'' Roubini said at the Hedge 2008 conference. ''We're seeing the beginning of a run on a big chunk of the hedge funds,'' and ''don't be surprised if policy makers need to close down markets for a week or two in coming days,'' he said.[...]

[Zardoz]

$this->bbcode_second_pass_quote('OilFinder2', 'I')t's been about a month-and-a-quarter since the prediction. Still waiting for that market shutdown.

[Cid_Yama]

Bull Crap! The markets, the environment, geopolitical relations have steadily degenerated over the last couple years. Because we haven't experienced total armageddon yet, doesn't mean we aren't hurting and moving ever closer.

As to the 6 trillion in guarantees, let's see them try to raise it. Do you think the rest of the world is going to fund this?

There is no salvation.

Actually it was all that "recovery in the 2nd quarter" then "recovery in the 3rd quarter" and "no recession," that has proved to be false.

Until all those worthless assets are written off and those who are bankrupt, purged, there will be no recovery.

[yesplease]

$this->bbcode_second_pass_quote('UltraViciousBudgie', 'C')losing the markets would be like closing a dam's floodgates during a flood.