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


To: RealMuLan who wrote (76431)3/18/2008 2:22:27 PM
From: westpacific  Respond to of 116555
 
No 10K for this go around.....

2009 we start down again.

2011 hope we are still alive.

Will get into that later, let us base here first.....and base we have not for this month, market could crash hard in March.

West



To: RealMuLan who wrote (76431)3/18/2008 2:44:39 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
[Drawing up your credit line while you still can<g>]--Porsche, Sprint Unsettle Banks With Rush for Credit (Update1)

By Pierre Paulden and Shannon D. Harrington
bloomberg.com
March 18 (Bloomberg) -- Citigroup Inc., JPMorgan Chase & Co. and the rest of the banking industry face a new drain on their capital.

Borrowers from Sprint Nextel Corp. to Porsche Automobil Holding SE to MGIC Investment Corp. are drawing on credit lines. JPMorgan analysts say it's the start of a trend that may force banks to raise as much as $40 billion to keep an adequate cushion against potential losses.