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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Ann Corrigan who wrote (47047)9/16/2008 1:48:02 PM
From: LLCF1 Recommendation  Read Replies (2) of 224722
 
Please......... your knowlege is underwhelming. If toxic paper practices wasn't made legal, FNM and FRE wouldn't have been involved... THEY HAVE TONS OF DERIVATIVES on their books. Might want to see who the counterparties are... JPMorgan is the king no doubt.

More shoes to drop. But buy equities since McCain is bullish.

TIP: This is CLEARLY much bigger than FNM and FRE, so that should clue you in to look further.

DAK
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