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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Paul Kern who wrote (82938)6/21/2007 7:47:32 AM
From: Mike Johnston  Read Replies (2) of 110194
 
A sale would give banks, brokerages and investors the one thing they want to avoid: a real price on the bonds in the fund that could serve as a benchmark

Everything will be just fine as long as nobody knows the real price.

Isn't free market about discovering the true price ?

I guess Pig Men don't like free market that much.
No wonder, they got too fat on a diet of moral hazard, artificially low interest rates, bailouts and newly created liquidity.
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