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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Trumptown who wrote (386615)5/19/2009 5:14:41 AM
From: Real Man  Read Replies (1) of 436258
 
The BIS report. <G>

It seems the real value of these contracts was equal to the
global stock market capitalization in December. This chit
still runs the global markets, caused the mega-melt, and will
continue to do damage for years to come until it unwinds,
either by decree or by default. It grew bigger than the Fed,
and that is our current problem.

Message 25653956

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