Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (81806)	10/11/2008 10:25:28 AM
From: carranza2	1 Recommendation Read Replies (2) of 94695

With the settling of LEH's poison at 90%, costing $270 bn, I am afraid settling the entire dung heap will cost at least twice as much. Probably more. Who can handle that after the past few weeks? Nobody. Ok, the counterparties can sell 0.5% yield tax free bonds good for 500 years, vbg, in exchange for release. Global fiat cancellation, poof/gone, is the only way. Price: you tell me.

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