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

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To: regli who wrote (84976)8/14/2007 9:10:29 AM
From: forceOfHabit  Read Replies (1) of 110194
 
regli,

I expect that the major fallout from current events will be the start of the end of Bretton Woods II as a result of foreign distrust in U.S. packaged securities.

I wonder if this will also accelerate the ascendancy of London over New York as the center of global finance. Sarbanes-Oxley, increased anti-terrorist and money laundering scrutiny, the arrest of the CEO of a publicly traded, foreign (British) based internet gambling company.

Anybody for a long London (LSE.L) short New York (NYX) trade?

habit
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