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

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To: orkrious who wrote (88941)11/14/2007 9:54:30 PM
From: patron_anejo_por_favor  Read Replies (1) of 110194
 
One thing in Fido's favor IS that they're privately held. As such, it's unlikely they'd take extreme chances with the firms own money (and they haven't really had a tendency to do so in the past). Publically owned firms had the unrelenting pressure to produce Earnings quarter after quarter, which led to the contagion that's now unfolding. BWTFDIK?
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