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To: Giordano Bruno who wrote (341138)8/15/2007 9:15:12 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
Moody's, S&P Lose Credibility on CPDOs They Rated

bloomberg.com



To: Giordano Bruno who wrote (341138)8/15/2007 9:17:41 PM
From: NucTrader  Respond to of 436258
 
`Real Economy' Unhurt by Subprime Collapse
The 'real economy' is a credit driven one. When credit goes, so does the economy. As Charlie Brown said: "Just you wait and see..."



To: Giordano Bruno who wrote (341138)8/15/2007 9:18:38 PM
From: Real Man  Respond to of 436258
 
Good to know. It's also useful to check what they said in
1929. P/e was low then too, and dividends were a lot higher.
P/e shot up later. Subprime is, of course, now contained
to prime as well -g- Open your mouth when you can do
nothing? -g-