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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (340228)8/8/2007 9:27:48 PM
From: stan_hughes  Read Replies (1) of 436258
 
Evidently the mandate to invest coupled with the need for yield in order to post a return on paper still trumps prudence. I guess we'll have to wait a little longer until everybody else catches up and gets to the later chapters where the coupon cheques stop arriving in the mail and the defaults on principal begin in earnest.

If they bid all these pigs back up again it will be like manna from heaven for shorts
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