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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (17568)2/20/2004 8:26:18 AM
From: KyrosLRead Replies (1) | Respond to of 306849
 
total liabilities

It's an insurance scheme. It assumes only a small percentage of companies will go bust. It adjusts premiums as assumptions change. I think it's as good as any other insurance. Plus it has implicit government support.



To: Wyätt Gwyön who wrote (17568)2/20/2004 10:00:17 AM
From: Elroy JetsonRead Replies (2) | Respond to of 306849
 
The CEO of SG Cowen on CNBC just referred to the U.S. economy as "Operation Enduring Bubble".

How choice, and from the CEO of a brokerage firm yet.