The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Mike Johnston who wrote (76460)	12/22/2006 3:47:35 PM
From: jimmg	Read Replies (2) of 110194

<<demanding that responsible, solvent non-alcoholics foot the bill to bail out the store. Nobody has asked anyone to bail out insolvent debtors. It's possible that may happen but before it does, the equity holders of the banks will get wiped out first. Short the banks if you think this will happen. You'll be so happy with your short sale profits that you won't care about the bail out. Do you want a central planner over our economy deciding who gets access to credit and on what terms? I suspect if we had one that they would be about as competent as "Brownie" was during Katrina.

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