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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sunny Jim who wrote (76069)3/13/2008 3:39:32 PM
From: maxncompany  Respond to of 116555
 
Our financial system is one big fat scam. I know people think things are bad now, but you ain't seen nothin' yet.



To: Sunny Jim who wrote (76069)3/13/2008 11:15:57 PM
From: John McCarthy  Respond to of 116555
 
Hi SJ

I was/am mystified, stupified, and mezmorized by that ...

i.e. does that infer,imply, whatever that they have
*already* written down all the mortgage money related to
ALL the upcoming ARM resets?

And all the other ABC terminal deviantant stuff that is out there?

I guess they musta put in lots of overtime?

btw - where is moodys and fitch on this?

regards,
John