Fed's rescue halted a derivatives Chernobyl

Telegraph (UK) ^ | 11:33pm GMT 23/03/2008 | Ambrose Evans-Pritchard

[Dec31,1999]

Oh! What you said! And what about Alwaysright? Where is she? The chickens are marching home to roost and they just disappear. Funny how that happens.

[SomeCallMeTim]

So sorry... I’ll not make that mistake again...

Just for the record, do you have a patent on ALL types of Fuster Clucks?? Or just the Mongolian kind. What about the Brazilian? Or, closer to home, the famous Cleveland kind?

I am nothing, if not observant of patent law. :-)

[FightThePower!]

“The doom mongers see an article which discusses the notional value of outstanding derivatives and they go into hysterics. They don’t understand the amount at risk is much smaller than the notional value. My example from another thread works. “

This is a real good one! Must be why the world financial system in the shape its in.

[AndyJackson]

What I believe is that the Armagedden idea is an endorphin release for a lot of petty people.

We petty folks just sit here tripping on our endorphins as the masters of the universe show us how Armagedden is really done.