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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (32018)9/17/2008 8:06:36 AM
From: Fiscally Conservative   of 78870
 
Madharry,

Solid thoughts,imo.

I too believe our government had no choice. The needs of the many outweight the needs of the few or the one. Where LEH was not as highly involved with CDO's as AIG the larger concern would be the obvious. I am also sure their was politics involved;LEH being off the street is a win/win for GS.
The Fed also provided 75bil and more to JP Morgan to eradicate them from LEH exposure which in many ways was helping LEH by reducing that debt obligation,imo. Intervention is everywhere. Outside the obvious interventions one can just look under a few rocks and find much more.
AIG will survive this as well the common. Today will be an interesting day on the streets.
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