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To: elmatador who wrote (47240)3/8/2009 8:37:39 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 219685
 
elmo those loans are peanuts if compared to the liabilities outstanding of US financial institution.

how one can compare 128 billion to something that is north of 4 trillion if not more.

The story is a joke and it is clear that the US is in deep trouble as they are using pure Soviet era propaganda to blemish others instead of their own institutions

Has any one calculate how much is Berkshire on the hook with the puts he sold to another party? Yes he collected over 8 billion for selling the put but at which strike? and how low can the market go? Berkshire itself can own to a third party more than all the Russian oligarchs !!!!