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

To: Broken_Clock who wrote (82633)6/12/2007 8:15:26 PM
From: Mike Johnston  Respond to of 110194
 
Pension funds are already loaded to the hilt with this stuff and their cash levels are very low.

But you may be right, sometimes very reckless things happen when OPM is involved.



To: Broken_Clock who wrote (82633)6/12/2007 8:23:54 PM
From: Mike Johnston  Respond to of 110194
 
....when they find out calpers went BK?

Don't worry about it. The trove will be refilled with money hot off the printing press.


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