JPM Chase and GS alone have $150T hedge positions.

The Fed, of which they are the most powerful members,
are unlikely to bail out the saving-short home owners
this time; nor it will assume the $45T medicare liability
for baby-boomers. What we see now is just the beginning of
the end game.

Yes, Chinese Americans are short of both experience and
financial means to play big games. You may want to read
"The Creature From Jekyll Island" to see how the game is
set up from the beginning.

所有跟帖： 

• How did they get into short position I'm wondering -stockmomo- ♂ (187 bytes) () 09/03/2006 postreply 21:33:08

• MBS as an example. :-) -GD2- ♂ (0 bytes) () 09/03/2006 postreply 21:49:02