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The Global Witch Hunt for the Perpetrators of the CDO Crisis


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#1 SemiBizz

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Posted 06 September 2007 - 10:50 PM

Standard & Poor's President Replaced
This is just the beginning. Who is responsible? You can bet this is going to get ugly and heads have just begun to roll. I sure hope you folks learned from the last "contagion"... namely the stock options scandal from last spring... that until these issues are resolved - your usual techniques especially sentiment are useless in this environment. Again, as I have pointed out numerous times regarding relative sector strength that we are in a fund panic, the retail panic has yet to begin...
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#2 OEXCHAOS

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Posted 06 September 2007 - 10:54 PM

Sentiment is working not just fine, but perfectly. There's zero evidence to the contrary.

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#3 rkd80

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Posted 06 September 2007 - 11:01 PM

Mark, You still seeing a decline into tomorrow?
“be right and sit tight”

#4 OEXCHAOS

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Posted 07 September 2007 - 06:33 AM

As of yesterday I was. Still working on today. ;) Mark

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#5 skyymaster

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Posted 07 September 2007 - 08:17 AM

They are all gonna have to cough up the bloody balance sheets. There was a call on CNBC at lunch time yesterday asking the CEO's to come clean. Whatever they are hiding ain't going to be sweet and more sour. As soon as they and their "important shareholders" get out (which you see now) the news will come out. When it does, some one is going to go to jail along with couple of their peers and counterparts.
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