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

To: Giordano Bruno who wrote (83987)7/21/2007 10:04:02 PM
From: NOW  Respond to of 110194
 
<It puts banks in a potentially precarious position. >
Well, yeah, but so what. The owners are quite happy to be raking in the dough left and right on these LBO's, allowing the real insiders to cash out massive positions, and leaving a mess in theri wake that tax payersw will be caled upon to bail out for generations to come. Welcome to corporate socialist hell



To: Giordano Bruno who wrote (83987)7/22/2007 12:17:07 AM
From: bart13  Respond to of 110194
 

It puts banks in a potentially precarious position.


"A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him".
-- John Maynard Keynes


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