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

To: ajtj99 who wrote (84996)	9/11/2008 7:36:51 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 116555

I think they'll do it on the weekend, that seems to be the Paulson M.O. Another thing too. How much additional crap does Lehman still have on the books that nobody wants in and what about the rest of the street? I think the vultures are picking their next target and it appears to be Merrill. The recent firesale tipped hats onto what their book probably looks like. They sold the most recent vintage of CDO, I believe, because that's what actually had liquidity. But the other stuff is probably all worthless.