2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 398.60

-4.4%

Dec 29 4:00 PM EST

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To: TobagoJack who wrote (37714)	7/29/2008 10:46:26 PM
From: carranza2	Read Replies (1) of 218833

The MER writedowns were pure scamalama from the failure to hint about them when it announced 11 days ago to the way they were presented. The actual writedowns were to 5 or 6 cents on the dollar. Message 24803175 The other thing - mostly missed by the market but its implications are substantial - is that the MER writedown sets the market to which other players should mark because the writedown is an objective measure of value of analogous securities.

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