maybe lets be less moderate....

From: Breathtakingly dishonest
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Date: 16 Aug 2007
Time: 14:19:21

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To continue, today the Moody's Vice Chairman said that we are again at risk for the system freezing up. His quote: ``A possible consequence of the repricing of risk assets would be the failure and disorderly liquidation of a hedge fund or other institution of sufficient size as to disrupt markets, as LTCM threatened to do in 1998,'' Mahoney said. So, I am looking at hedge funds being blamed every couple of years for bringing the system to crisis and really don't see that whatever relative pricing inefficencies hedge funds narrowed in the efficient markets theoretical world is comparable to the damage done systemically by them.

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