Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (80222)	6/28/2008 10:02:08 PM
From: saveslivesbyday	Read Replies (2) of 94695

It looks like BB is bailing out the investment banks, but I think he is really terrified of the derivatives bubble And while he barks about rate increases, GS keeps whispering "do you really want to mess with 500 trillion?" The fed (including Bernanke) let this get out of hand on their watch, and it must be embarrassing to say the least How irritating to BB that the IB's are now using their fed-backed money to buy and sell oil futures, Oil, the new world currency, and associated derivatives. Couldn't WS just gamble on horses, or the weather instead?

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