Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (76848)	9/11/2007 6:28:13 AM
From: Real Man	Respond to of 94695

business.timesonline.co.uk The bogeyman is not the stock market, or these bankers and the libor rates market must be kidding -g- It IS a game of musical chairs. This is US paper. So, they sliced subprime mortgages into CDOs, in an attempt to reduce risk. Now nobody wants those CDOs with subprime slices, so even the "good" debt suffers. Inevitably, all that junk paper will find its way back to the US "The refinancing of the commercial paper is expected to start tomorrow (September 10) and end on September 20. In that short period the City is braced for huge market volatility."