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

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To: TobagoJack who wrote (82863)6/19/2007 8:51:25 PM
From: Tommaso  Read Replies (2) of 110194
 
Greenspan bailed out LTCM, and has been praised for helping then and for the recovery from the 1987 market crash, making the Fed the "lender of last resort." So Bernanke and his cohort may wish to step in dramatically in similar fashion.

I hope not. Let the bastards drown in their own red ink.
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