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To: Ken98 who wrote (25987)10/9/2000 3:05:18 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
we are only at the cusp of a period of sharply rising loan loss provisions imo.

so far (except for BAC) only a few small to medium size banks have been hit...but i have a distinct feeling that the credit bubble is teetering on the brink.

watch out for money market assets...all those fancy financing company asset backeds await mass implosion.



To: Ken98 who wrote (25987)10/9/2000 3:14:16 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<There are going to be some pretty serious writedowns for the lenders involved.>

Arent those one time events?? <vbg>

DAK


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