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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (12807)10/10/2003 4:20:12 PM
From: James Strauss   of 13094
 
Home Loan Banks Raise Fears;
Losses Suggest Too Much Risk


William:

If interest rates rise dramatically and housing prices drop you could have a Japan type of banking crisis where the debt is worth more than the equity... I don't see either happening in the near future... On the other hand, fooling around with derivatives could snowball a manageable situation into something uglier...

Jim
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