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

To: Pogeu Mahone who wrote (88450)11/5/2007 10:08:43 AM
From: 10K a day  Respond to of 110194
 
> Citigroup reports $134.8 billion in 'level 3' assets<<

Oh Great! That's just Great!



To: Pogeu Mahone who wrote (88450)11/5/2007 10:22:58 AM
From: 10K a day  Respond to of 110194
 
> Citigroup reports $134.8 billion in 'level 3' assets<

That might be more than Enron's Level 3 assets!



To: Pogeu Mahone who wrote (88450)11/5/2007 10:27:08 AM
From: Jim McMannis  Read Replies (1) | Respond to of 110194
 
Oh My is putting it lightly. Then again, Citi can just keep "best guessing" the valuation of the level 3 assets as needed until everything turns around...choke, cough NG.


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