Booms, Busts, and Recoveries Message Board

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (7338)	8/17/2001 5:03:11 PM
From: KyrosL	Read Replies (1) of 74559

>>I wondered what the heck would happen when the debt levels were tested in a serious down market. They have now been tested and margin calls and market clearing have successfully handled the situation A very small portion of the debt pyramid has been tested, and so far the results are not encouraging -- as a buyer of Globalstar debt at few pennies on the dollar, I think you will agree. The acid test will come when the so-called subprime debt market as well as the home mortgage and home equity markets are tested.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next