Thursday, Aug 16, 2007
The head of a currency management group at one bank confirmed that he had corporate clients, whom he would not name, engaged in the carry trade, and he added that he did not think it was the smartest of maneuvers for companies. “The carry trade is a very
financial: Corporate coffers exposed to yen-trade reversal
Corporate coffers exposed to yen-trade reversal
Merrill’s Bernstein sees signs of potential bomb in U.S. balance sheets
The Yen carry trade, which by some estimates could have $1 trillion tied up in it, appears poised to be the next market taken down by the credit meltdown. And corporations may be unexpected—and direct—victims of a collapse to the extent they try to act like day-traders with a portion of their cash balance but are late to the game
Posted by chris :-)) @ 02:07 AM (114 views) Add Comment
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