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Strategies & Market Trends : Ride the Tiger with CD
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To: koan who wrote (147749)2/21/2009 4:28:58 PM
From: Canuck Dave  Read Replies (1) of 313001
 
So those countries may be forced to return to the sweet bosom of Mother Russia?

After taking down a European bank or two. Leveraged at 60 to 1.

Had Danish visitors this week and one is a banker. When I brought up the topic of his bank and leverage, he got pretty hinky.

"Yaah, we go problems. Not ourself so much as our exposure to other Danish banks who loaned to foreign countries."

In other words, Danish dominoes.

CD
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