Friday, August 10, 2007

"...at least one very large hedge fund or investment bank is liquidating "massive" trading portfolios..."

From Marketwatch.com...

"...Black Mesa Capital, a hedge-fund firm that uses computer models to track down investment ideas, said that at least one large hedge fund or investment bank is liquidating "massive" trading portfolios, according to a letter the Santa Fe, N.M.-based firm sent to investors Wednesday..."

Also, rumours of bank runs abound in Europe.

Perhaps, when those two events come together.

1. Some one is getting some real ass margin calls.
2. Explains why both the ECB and FED is injecting MASSIVE liquidity.

Something bad is hitting the fan right now.

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