Don't get too excited about bounce.
This BSC hedge fund collapse has far more implication than wall street tells us.
Remember all these investment banks are holding total $6 trillion mortage related secuirties! The collapse of BSC hedge fund will force them to reprice $6 trillion holdings......If just 5% downward repricing will be bi enough to cause financial market big trouble.
Watch financials carefully!
所有跟帖:
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Agree. No earthquake though
-marketreflections-
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06/22/2007 postreply
11:07:16
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problem is biiger than what looks like
-ntrader-
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06/22/2007 postreply
11:24:22
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Multiple of $50B, agree
-marketreflections-
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06/22/2007 postreply
11:48:05