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

To: zebra4o1 who wrote (70713)9/30/2006 5:30:28 PM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
I think the guidance came out a little sooner than expected. The market needs a little time to digest the news.

Read the two testimonies by Broeksmit and Hanzimanolis, representing the industry. You can see they are still in denial.
banking.senate.gov

Prior to the release of the guidance, the lenders really cannot do anything because that would be throwing in the towel before getting punched.


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