Shaw Capital Management Factoring Save Aggressively Start Early Adviser Says

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(Reuters) - Australia's Westfield Group isn't expected to snap up any assets from the collapse of General Growth Properties Inc. despite its cash pile of nearly $6.5 billion, due a good uncertain outlook for that U.S. economy as well as the global credit current market place.

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However in 1998, LTC lost $4.6 billion in just four months when Russia defaulted on its lending. Long Term Capital consisted of John Meriweather, the first sort vice-chairman and head of bond trading at Salomon Brothers. Board of director members included Myron Scholes and Robert C. Merton, who shared the 1997 Nobel Prize in Immediate and ongoing expenses. The most brilliant economic minds failed because they didn't properly take into account the risk that the actual marketplace presents. Yes, even a country defaulting on its sovereign debt could happen.

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