hehe, FNM,FRE deep OTM leap put looks scary as I

pointed before. GM, FORD, CITI, WM, WB, UAUA, ARM need to be bailed out as well.

Now the gov. will become the biggest mortgage bank in history (already 400B spent in subprime and BSC). Gov. is talking about another 300B package to stem foreclosures. that is totally 700B dollar. Fed's asset is $800B in total. This means, if the bill signed by Bush, the gov. is the biggest subprime mortgage company - almost 100% of total asset is in bad loans.

God bless.

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Your 20W to 2 million plan is in serious danger. -Aceofspades- 给 Aceofspades 发送悄悄话 (162 bytes) () 07/07/2008 postreply 11:13:16

hehe. Market is irrational. the only way that US -pediatrician2- 给 pediatrician2 发送悄悄话 pediatrician2 的博客首页 (314 bytes) () 07/07/2008 postreply 11:18:24

Even all the petrodollar come home due to worldwide Chaos -Aceofspades- 给 Aceofspades 发送悄悄话 (350 bytes) () 07/07/2008 postreply 11:34:58

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