To: djf
makes me think of the 1929 margin calls
To: Vn_survivor_67-68
I had heard about the Bear Stearns stuff... it wasn’t talked about alot, but when it was, there was definitely an underlying current of fear and uncertainty.
4 posted on
06/26/2007 10:08:56 PM PDT by
djf
(Bush's legacy: Way more worried about Iraqs borders than our own!!! A once great nation... sad...)
To: Vn_survivor_67-68
And that it could be big. Much bigger than nominally stated.
6 posted on
06/26/2007 10:09:50 PM PDT by
djf
(Bush's legacy: Way more worried about Iraqs borders than our own!!! A once great nation... sad...)
To: Vn_survivor_67-68
It's the same thing, hopefully not as bad.
Collateral aint what it used to be:)
there are now multiple layers of collateral that could come crashing down. From first, mortgages...then financial institutions (Bear Stearns)...the pension plans and the equity market as a whole.
25 posted on
06/26/2007 10:46:50 PM PDT by
Mariner
To: Vn_survivor_67-68
Margin calls are an ugly thing and there’s always a hard lesson to be learned therein.
MM (in TX)
38 posted on
06/27/2007 12:51:03 AM PDT by
MississippiMan
(Behold now behemoth...he moves his tail like a cedar. Job 40:17)
To: Vn_survivor_67-68
makes me think of the 1929 margin calls The rhetoric makes me think of the Penn Square Bank fiaso. I'll have to wait and see if the reality matches it.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson