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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ken98 who wrote (25987)10/9/2000 3:05:18 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
we are only at the cusp of a period of sharply rising loan loss provisions imo.

so far (except for BAC) only a few small to medium size banks have been hit...but i have a distinct feeling that the credit bubble is teetering on the brink.

watch out for money market assets...all those fancy financing company asset backeds await mass implosion.
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