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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (69430)9/6/2006 6:36:20 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
GM postponed the problem.
That postponement caused a massive unwinding of all sorts of puts and credit swaps etc.

It addressed SOME but not all by any means (perhaps 1/3) of its pension and medical problem but is that enough if a recession hits?

Mish