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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (5258)3/20/2008 6:28:25 AM
From: Real Man  Read Replies (2) of 71456
 
I'd characterize what is happening in March and especially
this week as the grand looting operation by WS and the Fed,
starting with looting of Bear by JPM, shifting risk to the
Fed. Fed draining SOMA a lot, placing TAF in the hands of
select few, and giving bear to JPM for free, assuming all the
risk. Very risky for short term traders who are not the
select few. We may see some blow-ups in the hedge fund
industry. Extreme conditions require extreme measures?
The problem is, WS has really ran out of folks to loot,
so they have to feed on their own kind -g-

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