SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: oldirtybastard who wrote (62932)1/30/2001 11:40:30 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
of course they are assured of a bail-out - the money center banks exposure to derivatives, syndicated loans, and other forms of leverage means that every single one of them poses a systemic risk...accidents waiting to happen. even GE Capital is big enough to represent systemic risk in case of default.
so they KNOW they will be bailed out, and armed with that knowledge take on more and more risk. the mess gets bigger by the day in other words. widespread belief in Greenspud's free lunch, wherever one looks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News