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To: rubbersoul who wrote (55969)1/25/2008 5:38:41 PM
From: Zincman  Read Replies (1) | Respond to of 78435
 
Starting to hear rumblings of this rogue trader being part of the impetus for recent market meltdowns...lol

Should this story unfold further, I would expect the press to be all over it and take some of the attention off the Fed, and give them an out.

This will give Uncle Ben a nice diversion to avoid another sever cut, as he is already being label an alarmist due to recent actions.

Geeenspan warned of making too big a splash w. fed cut's. Sighting "what if it does not work, then what?' as his rationalization for slow and steady..

Ben's off the cuff, super cut will be center stage should this dead cat fail to bounce. Then what...?

jmvho...
ZM



To: rubbersoul who wrote (55969)1/25/2008 7:19:51 PM
From: loantech  Respond to of 78435
 
Just as long as the PM's don't tank too. LOL.



To: rubbersoul who wrote (55969)6/29/2010 10:09:30 AM
From: loantech  Respond to of 78435
 
A Déjà vu? <G> Looks like we are bouncing back after the bear raid.