Authors
of a book which charts the history of Refco (NYSE: RFX),
a foreign exchange and commodity broker which floated on the stockmarket two months
ago but today announced it was the fourth biggest bankruptcy in US corporate history,
are to renumber the chapters of their book on news that the company is trading
under Chapter 11 bankruptcy protection.
The
book is to go straight from chapter 10 to chapter 12, a move seen as the equivalent
of a respectful two minutes silence in trading circles.
The
book, with a working title of: The Full History Of Refco: Commodity and Futures
Trading Strategies And Idiom's August-October 2005, is due out for the Christmas
market competitively priced at only $253.99, or three weeks in jail.
The
original chapter 11, with the title:
Why
Shorting Duck Could Be Your Best Effective Avian Based Commodity Trading Strategy
During These Heightened 'Bird Flu Terror From The Air' Times
will
now be chapter 12.
All
other subsequent chapters will also have to be renumbered:
chapter
13 |
North
Korean Government Debt Arbitrage Smarbitrage |
chapter
14 |
Coffee
Index Derivatives Go Latte Down In Acapulco |
chapter
15 |
Best
Trading Practice: Effective Uses Of the Heimlich Manoeuvre In Japan's Corporate
Debt Market |
chapter
16 |
The
Flying Grapevine Off The Top Rope and How It Can Help With Middle Eastern Institutional
Security Loan Settlement Procedures |
chapter
17 |
The Future of Peanut Futures |
chapter
18 |
Effective
Matched Bargain Trading Fisticuffs In The Russian Equity, Bond and Vodka Markets |
chapter
19 |
A Potted History of Ambitious Risk Taking Strategies: From Junk Bonds of the 80's
To Triple Blind Option Hedging in Middle Eastern Equity Bourses Underwritten in
Russia and reinsured in Libya |
chapter
20 |
How
to hide $430 Million from Dummies |