[Herakles]

“The International Swaps and Derivatives Association said in a memo on Monday that 13 major credit default swap dealers unanimously agreed that a credit event had occurred .”

Another bunch of money grabbing sobs trying to cash in. Ok, I have 50 major credit default dealers who unanimously agreed that a credit event did not occur. We will get our lawyers together and talk about it for the next 100 years; at which time, a trillion dollars will be worth a buck ninety five and the debt will be settled!

[monkeyshine]

I got 2,000,000 homeowners who unanimously decided that the FED is going to pay off their mortgage for them. :-)