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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (101754)2/28/2009 4:50:03 PM
From: Box-By-The-Riviera™  Respond to of 110194
 
please replace ireland for scotland. must have been thinking single malt.



To: Box-By-The-Riviera™ who wrote (101754)2/28/2009 4:57:10 PM
From: ggersh  Read Replies (1) | Respond to of 110194
 
"it is the derivitives driving the "financial" sector bail outs. 56 trillion of counter party risk. the question is, will it work"

The answer is no, not by bailing out anyhow. Somehow you have to negate them, and that too seems a stretch as none of them jerks want to admit they are worthless. They're not called "TOXIC" cause they taste good <g>