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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: stomper who wrote (99783)7/18/2009 2:17:12 PM
From: Dan31 Recommendation  Read Replies (1) of 116555
 
Re: It's also a helluva powerful war chest to be doled out to districts for 2010 elections

But it's not. It's gone. It's been used to make good the bad bets of the banksters.

If you guarantee a $100 value on a bond that's worth $50, you're out $50, even if you haven't yet paid out on your guarantee.
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