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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (338015)7/7/2007 11:59:39 AM
From: Real Man  Read Replies (2) of 436258
 
Yes, and nobody wants to own this crap now, regardless
of the nice ratings the credit agencies give it.
CDO, CLO, whatever.
They are going to have trouble with their big cash-out deals,
cause bond investors (read pension funds) really don't want
to finance the crap
anymore. Can you blame them? Would you want to? You'll
never see the money again -g- Now, let's ramp all of
these stock indexes to new highs to show everyone all is
well. -ggg- The disconnect between stocks marching rapidly
higher and reality is getting too weird. I can't get myself
to buy even a few calls -g- 1/2 of all SP500 earnings is
finance, remember?

Hedge funds are starting to drop like subprime lenders
in December. 12 dead in the past month. Boolish! -g-
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