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To: tongass kid

172 Trillion in derivatives and I’d say a conservative collapse is 2-3%... agressive 5-7% or perhaps more so, take it from there. I don’t know how any reasonably responsible “analyst” could have ever predicted this thing to only be a few hundred billion...

They truly are completely dillusional on how big of a mess they have created, or how exposed they are.


92 posted on 03/17/2008 9:04:01 AM PDT by HamiltonJay
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To: HamiltonJay
The mess has spilled into commercial real estate. Goldman Sachs and Moody's have both indicated there will a double digit decrease in pricing of commercial real estate. As you may know, pricing is every thing in this credit tight market. Cap rates will keep the buyers away.
100 posted on 03/17/2008 10:13:18 AM PDT by tongass kid
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