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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (4207)2/28/2008 10:08:12 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71441
 
And the result of it? Financial losses caused by rogue traders and inept operating systems and personnel...

That's very comforting to know. The bulk of 500 Trillion plus
notional (valued at 11 Trillion) is a complete mess.


indeed...



To: Real Man who wrote (4207)3/16/2008 8:21:38 AM
From: 10K a day  Read Replies (1) | Respond to of 71441
 
I inquired about a Sacramento house listed at 239K. There are 2 loans on the property for 440K. I did the math and I think somebody is going to lose some money.