Prime brokerages in the US were huge lenders to the hedge funds now going under, see this from the weekend:

To lend to these funds trading with 2 to 3 times leverage is unfortunate, to lend at 5 – 7 looks like carelessness. 

Earlier:

  • (firm warns of losses of over USD2bn)
Prime brokerages in the US were huge lenders to the hedge funds now going under, see this from the weekend:

As a ps., if you need it, there is never only one cockroach. 

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