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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Box-By-The-Riviera™ who wrote (101754)2/28/2009 4:57:10 PM
From: ggersh  Read Replies (1) of 110194
 
"it is the derivitives driving the "financial" sector bail outs. 56 trillion of counter party risk. the question is, will it work"

The answer is no, not by bailing out anyhow. Somehow you have to negate them, and that too seems a stretch as none of them jerks want to admit they are worthless. They're not called "TOXIC" cause they taste good <g>
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