Answering Bloomberg article
in response to
by
posted on
Apr 26, 2009 02:20PM
We may not make much money, but we sure have a lot of fun!
tectol
The fraternity have no option, finances are so far down the hole that they will do anything legal, semi-legal or otherwise in an attempt to forestall the day of reckoning.
Three Articles for your perusal
1. Posted 300 Club April 19th
http://seekingalpha.com/article/1315...
Derivatives: A $700+ Trillion Bubble Waiting to Burst
Hernando de Soto, Peruvian Economist shares his thoughts via the Wall Street Journal
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3. Option Adjusted AND Alt-A yet to come!
Posted 300 Club on Apr 07,
Option Adjustable & Alt-A mortgage reset chart.
(You ain't seen nothin' yet)