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
by: J. S. Kim April 19, 2009
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2. Posted 300 Club 26 Mar 2009
The true amount of outstanding Derivatives is $1 Quadrillion
From:
"China_South America: News and Analysis" <bennett.reiss@gmail.com>
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)
http://1.bp.blogspot.com/_7Se7iswAan...