1 reply to this topic

[humble1]

http://money.cnn.com...sion=2007072011

also, i am hearing rumors, as i am sure you all are.

the bear, stearns bailout of the $1.6 billion just BEFORE the cut-off date for paying EOQ redemptions STINKS. consider this in the light that they say, a few days later, their aisn't no more moolah. companies who have gutted the subprime and alt-a markets are shedding their subsidiaries like a molting crab, thinking they can innoculate themselves.

i don't think so. do you ?

[humble1]

http://money.cnn.com...sion=2007070114

and with $200 billion (and maybe a lot more) of bridge loans stuck into the banks.