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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (72274)10/18/2006 1:35:28 PM
From: benwood   of 110194
 
When some new group of pig men become big enough to exploit a weakness that the current dominant pig cannot mask, then I think the unpinning will be truly amazing to behold. Then the fallacy of allowing the capital markets to be manipulated so easily and thoroughly will be understood as private companies who had lined up to make legitimate stock offerings will find themselves without any takers. The entire validity of the stock market will be in question and hordes of real investors will take their money elsewhere.

In the long run, I think this incestuous state of affairs is going to cause some serious long term damage.
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