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


To: Real Man who wrote (85064)1/15/2009 8:37:11 PM
From: Paxb2u  Read Replies (1) | Respond to of 94695
 
Vi---I don't understand. If all 20 banks wrote off the derivatives --that affects their balance sheets so would affect their loaning ability and create inflation and the $ demise (cause we probably have the most relative to others), no?
TIA---Peaceb2u



To: Real Man who wrote (85064)1/15/2009 10:36:13 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 94695
 
Okay, but there's already talk about it and the evening markets aren't flinching...<g>

GZ