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DiamondLil

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DiamondLil

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Sunday, 10/16/2005 9:32:52 AM

Sunday, October 16, 2005 9:32:52 AM

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Indian stock exchanges said they have asked U.S. brokerage firm Refco Inc.'s (NYSE:RFX - news) local units not to increase their positions pending developments in its U.S. parent company, which is teetering on the edge of collapse.

But the local units said on Sunday they were insulating themselves from the parent company's woes by deciding not to transfer any funds to the global companies of Refco Inc.

See complete story . . .
http://news.yahoo.com/s/nm/20051016...co_dc&printer=1

http://www.machcobra.com/board/showthread.php?p=741#post741
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