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


To: RealMuLan who wrote (77700)4/14/2008 6:03:48 PM
From: Webster Groves  Read Replies (1) | Respond to of 116555
 
It's all about GS. Where the toxic waste originates (currently DB) is not relevant, only that it not "saddle" too-big-to-fail Wall Street institutions.
Knowing the street's interest in profit, I would not be surprised US firms are buying heavily discounted waste that they have PRESOLD to the Fed ... like covering a short.

wg