XJO 0.80% 7,733.7 s&p/asx 200

monday night mayhem, page-20

  1. 9,803 Posts.
    JA, what an expose, huh? Basically, the big banks are putting together a teensy package of $100m to bail out something like $40 trillion.. incl subprime... or sowmwhat less excluding subprime.. poor saps that got swindled but don't have the leverage to attract fed attention... and unless they can pull it off.. holy moley, would you buy that crip.. then they have to take the debt onto their balance sheets.. and a huge swag comes due in novem-tim-ber.. and citigroup may be facing a wipeout.. its only fair..
 
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