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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (81811)10/11/2008 10:53:31 AM
From: Real Man  Respond to of 94695
 
Nah, much of equity stuff is traded on regulated exchanges, so
it gets settled every day, unless we don't know about something.
<g> But you are right, if they settled the markets here, the
total trouble would be a whole lot worse than Lehman.



To: carranza2 who wrote (81811)10/11/2008 11:26:19 AM
From: KyrosL  Respond to of 94695
 
After the Lehman debacle they are not going to let anybody else go BK. The government just takes them over, without defaulting on the bonds.


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