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

To: russwinter who wrote (76031)	12/19/2006 8:58:41 AM
From: alburk	Read Replies (1) \| Respond to of 110194

Russ So what do the plutocrats and pigmen do with all their loot? It's gotta be stashed somewhere. And if it's not in stocks, bonds, housing real estate, commodities, etc. (bubble stuff), where is it? Would seem that they would have a problem finding a home for it without creating another bubble. Or is it just a game of musical chairs for their ilk too.

To: russwinter who wrote (76031)	12/19/2006 10:48:22 AM
From: kris b	Read Replies (2) \| Respond to of 110194

Greatest Pump and Dump In Financial History: Take a look at BBY today. No wonder Chairman unloaded this crap a week before earnings announcement. Chairman of ACF unloaded 1 million shares just within the last month. These guys should be shot in the head right on the spot.

To: russwinter who wrote (76031)	12/19/2006 12:26:54 PM
From: regli	Respond to of 110194

"... All this has got me thinking. What does this cozy club do for an encore? ..." There are some interesting conjectures in Brad Setser's piece: Message 23112951 rgemonitor.com "... The central bank would be left with a stock pile of government bonds, which it would then likely sell in the ongoing sterilization process; selling government bonds for cash is an option to issuing new central bank debt and selling that debt cash. And the government would be left with a bunch of RMB debt and a bunch of foreign exchange, which it would give to a new investment authority. The creation of such an investment authority by China – or, for that matter by the Saudis – would likely indicate a desire to diversify. Into equities to be sure. But I would be surprised if the US share of the investment authorities assets would be as high as the dollar share of the PBoC’s – and SAMA’s – reserves. ..."