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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Phineas who wrote (110864)	1/29/2008 8:03:10 AM
From: Eggolas Moria	Read Replies (1) \| Respond to of 132070

I have no idea if the 30x figure is accurate. I was simply responding to the $500 trillion number someone mentioned, a multiple of the current U.S. GDP. Sometimes I think that in the midst of a financial crisis, "analysts" attempt to outdo each other with their rigorous estimates of the potential problem. Rule Number 1: The government will change the rules to save the financial system. Rule Number 2: Never forget rule number 1. On another note, here is an interesting article from Boston Magazine: bostonmagazine.com The crowd at Davos was talking a lot about transparency. Don't know if it was ever quite defined, though. Floyd Norris had an interesting blog about Moody's CEO and his comments in Davos as well. Ditto Jacob Frenkel of AIG.