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To: gondramB
The problem is that the notional value of the worthless assets of any given one of todays institutional failures is equal to the entire value of failures of the S&L crisis...
27 posted on 01/23/2009 1:04:31 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Axenolith

>>The problem is that the notional value of the worthless assets of any given one of todays institutional failures is equal to the entire value of failures of the S&L crisis... <<

OK, that’s kind of scary...


43 posted on 01/23/2009 1:51:19 PM PST by gondramB (Preach the Gospel at all times, and when necessary, use words.)
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To: Axenolith; RSmithOpt

>>The problem is that the notional value of the worthless assets of any given one of todays institutional failures is equal to the entire value of failures of the S&L crisis...<<

And, this isn’t done yet.


61 posted on 01/23/2009 4:49:00 PM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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