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Old 10-13-2008, 02:00 PM  
teomaxxx
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Join Date: May 2003
Posts: 2,734
Quote:
Originally Posted by EscortBiz View Post
yall gotta start listening to yours truly
and this was why, exactly as I said yesterday:

Quote:
Originally Posted by teomaxxx View Post
This is why US, EU and JAP goverments will hopefully gurantee interbanking landing. They fucking know that better, what will happen to them with locked credit markets. But what happen for loses in guaranted interbanking landing? They are going to be paid by you and me.

After state guaranted interbanking landing you could put money in the stocks again.
Thats what exactly happened today.
But I would only say, look on share prices of institutions who guaranted and insured all that crap.
Hopefully the goverments will resort all that mess ASAP, otherwise they are going to be several defaults of goverments entities and bond market dislocations like it happened to Iceland due overleveraged banking industry.
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