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Politics : Stop the War! -- Ignore unavailable to you. Want to Upgrade?


To: James Calladine who wrote (2950)3/25/2003 5:23:03 PM
From: Baldur Fjvlnisson  Respond to of 21614
 
Speaking of the devil; the more the stock market has tanked

the more the derivatives positions of US banks have ballooned.

Now that even the Fed is starting to worry about that mess in public - something may be about to give.

Fannie and Freddie are leveraged to the proverbial hilt.