I'm specifically referring to an article on marketwatch.com I read earlier today about the now defunct LEHMAN having about $400 billion in CDS maturing on the 21st of October!!! Forget black friday, this could mean a black tuesday next week. (Wednesday our time)
This could bring a whole BRAND NEW wave of pain/selling! I would appreciate if anyone could locate and post that article on this thread if you resourceful people can find it on marketwatch.com so I don't look like I'm making this up. lol
Cheers
GenY
warning new financial time bomb approaching
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