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


To: Chispas who wrote (87603)10/2/2008 12:36:11 PM
From: ggersh2 Recommendations  Respond to of 116555
 
"the possible collapse of the derivative market" ---

That is what happens when you create Derivatives on Derivatives

en.wikipedia.org

And IMHO this is why everything is falling apart....sub-prime was just the tip of the iceberg....



To: Chispas who wrote (87603)10/2/2008 2:23:34 PM
From: Steve Lokness2 Recommendations  Read Replies (3) | Respond to of 116555
 
McCain has promised to veto any bill containing one single bit of pork should he become president. Wonder how he will handle questions on his vote for the pork laden bail out bill?

Steve