Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: BigBull who wrote (60118)	1/20/2001 5:05:19 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

Good post, BB. Might I add that #'s 2 & 3 may even join hands, as the Cali-Ute crisis continues to bleed into the credit markets (witness the downgrade of SPX/EIX debt to junk status, the BAC and MBI recognition of (a small part) of their losses and the State of California getting placed on Credit Watch by S&P yesterday... dailynews.yahoo.com On Friday, Standard & Poors put the state's bonds on credit watch, reflecting a lack of investor confidence in California's ability to dig its way out of the mess. All we need now to complete the "Perfect Storm" is to hear that some large Japanese Bank is holding a boatload of Cali-Ute debt. Got gold?<g>

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