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To: Mike M2 who wrote (197198)10/12/2002 9:54:40 AM
From: yard_man  Read Replies (2) | Respond to of 436258
 
this will be a "new level" Mike ... ENE was a bubble entity, but when it starts taking down names like these -- JPM will be saved, and F might, too -- but when it is realized how deep they are in -- folks will start to realize the extent of the bubble -- not too far away, IMO.

refis won't stimulate anything from here on except more debt service (existing debts) -- AG, slick and rubes made the bed and now we all have to lie in it. <ng>