Coming Financial Collapse Moderated Message Board

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Strategies & Market Trends : Coming Financial Collapse Moderated

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To: Box-By-The-Riviera™ who wrote (32)	6/12/2001 10:46:35 AM
From: pater tenebrarum	Read Replies (1) of 974

LOL...yes, the early warning...too early, as it were. watch GE capital...they're sitting on over 2 billion in unrecoverable telco loans now...and have been busy buying up lots of loss making, cash flow negative enterprises to stave off defaults in their vendor financing segment. GE Capital is a dominant force in the commercial paper markets...this attempt at keeping the debts afloat by buying up worthless assets is going to be their downfall and will ultimately lead to a liquidity crunch in commercial paper.

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