Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mr. Jeeves
At some point, the derivative "winners" are going to have to accept that they didn't actually win anything - their lotto numbers came up, but there is no money to pay out the jackpot.

If that happens we might get out of this - but I suspect people with that much money on the table aren't going to give up easily. This "mark" crap is a delaying tactic for the big boys... and if that doesn't work, there will be others... They're going to do what it takes to get their moeny out of this mess ...

216 posted on 10/08/2008 7:09:23 AM PDT by GOPJ (Derivative traders HAVE MADE MORE MONEY THAN EXISTS - Bailouts & rate cuts to ZERO won't work.)
[ Post Reply | Private Reply | To 213 | View Replies ]


To: GOPJ
"but I suspect people with that much money on the table aren't going to give up easily. "

And then there are still the courts to weigh in.

yitbos

226 posted on 10/08/2008 2:30:18 PM PDT by bruinbirdman (GET OUT THE VOTE !!!!)
[ Post Reply | Private Reply | To 216 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson