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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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To: elmatador who wrote (23088)9/25/2007 10:56:46 PM
From: Snowshoe  Read Replies (1) of 217901
 
>>I don;t know how this is going to play<<

I've read claims that Wall Street sold large amounts of toxic mortgage-backed securities to Asian bankers (China, Taiwan, Korea, etc). So CB/Ilaine gets the USA borrowers off the hook, and Asian balance sheets are worse than bag holders would like to admit? Do they sue Wall Street like angry London millionaires, or put on a brave face and hide the problem? We live in interesting times!
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