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To: marshmallow
This is one of the reasons the DOW has fallen so precipitously in recent days IMO; so I think bad news is baked in already.

The loss is 90%; the good news as cited in the article is that exposure is less than expected.

Hope this is true.

6 posted on 10/10/2008 10:11:03 AM PDT by what's up
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To: what's up

Yesterday, it was reported that the market was expecting a loss of 80-90%.

I’m not holding my breath for anything positive coming from the auctions.


7 posted on 10/10/2008 10:15:29 AM PDT by WV Mountain Mama ("Give me control of a nation's money and I care not who makes its laws." - Mayer Rothschild)
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