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To: Ernest_at_the_Beach

moral hazard?


3 posted on 03/16/2008 9:07:15 PM PDT by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: NormsRevenge
moral hazard?

Yeah, as in, bailing out a company that doesn't deserve it.

5 posted on 03/16/2008 9:13:55 PM PDT by the invisib1e hand (A moderate Muslim is one who acts like a Christian.)
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To: NormsRevenge
This market was totally locked up....among other problems....:

Developments in the Auction Rate Preferred Securities Markets

*****************EXCERPT********************

Wednesday February 20, 5:10 pm ET

DENVER--(BUSINESS WIRE)--Today, the Clough Global Allocation Fund (AMEX: GLV - News) announced that it has posted a commentary on recent developments in the auction rate preferred securities markets as it pertains to closed-end funds on its website at www.cloughglobal.com.


7 posted on 03/16/2008 9:16:13 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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