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

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To: Perspective who wrote (181605)	7/19/2002 9:29:04 PM
From: patron_anejo_por_favor	Read Replies (3) of 436258

<<I really seriously think these guys are the lead domino, and may be toppling on Monday...>> The question is long past the point of "if" but "when" for them. Monday may be a wee bit pessimistic (maybe). It's still unclear to me how much exposure they have to WCOME, indirectly a LARGE amound, no doubt, but we won't really know until the BK is filed (the "tide going out" in Buffett's terms, when we get to "see who's been swimming without a bathing suit"). Nice article BTW...hits on all the key points. One way or another, MBI is a disaster-in-waiting, and they're gonna take a lot of folks down with 'em. BTW, Noland's column tonight is absolutely brilliant and a must read for all credit bubble afficionados!<NG> prudentbear.com

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