Skip to comments.
Toxic corporate CDOs may touch $1 trillion (Synthetic CDOs in the play)
Economic Times ^
| 10/23/08
Posted on 10/22/2008 7:05:50 PM PDT by TigerLikesRooster
Toxic corporate CDOs may touch $1 trillion (originated from Bloomberg)
TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: cdo; corporatecdo; derivative; syntheticcdo; writedown
To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
2
posted on
10/22/2008 7:06:51 PM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
when does the dust settle?
3
posted on
10/22/2008 7:10:17 PM PDT
by
ken21
(people die and you never hear from them again.)
To: ken21
Won't see dust settling until governments, Fed, ECB, and other big international financial institutions give up and let things slide.
This is their own "Battle of Bulge."
4
posted on
10/22/2008 7:15:41 PM PDT
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
"give up and let things slide"Good thinking. If the gazillion Ponzis were created out of whole cloth. I should think all there really is at the core are mortgages. Buy them up, everyone else is out of luck.
yitbos
5
posted on
10/22/2008 7:26:32 PM PDT
by
bruinbirdman
(GET OUT THE VOTE !!!!)
To: bruinbirdman
Uh, yeah. Problem is, the mortages belong to Joe The Plumber, the Ponzis belong to Chauncy Gotrocks. And despite what you may have heard, Joe does NOT have the ear of the governing elite. But Chauncy sure as hell does.
6
posted on
10/23/2008 4:38:54 AM PDT
by
Wolfie
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson