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To: FReepaholic

What exactly does that mean?


10 posted on 02/16/2009 6:38:36 PM PST by maxter (Give today a chance. Enjoy.)
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To: maxter
...What exactly does that mean?...

Currency market. Forex.

13 posted on 02/16/2009 6:51:08 PM PST by FReepaholic (Diversity = .45 .357 .223 .38 ...)
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To: maxter; FReepaholic

Well, he says he doesn’t know, but it sounds like Somebody that owns a lot of debt is calling in the markers and forcing fire sales to other entities to raise money. He also says there’s no coverage of it, just a lot of forced liquidation, which means whoever’s letting the assets go is doing it at a fire sale price. Freepaholic, is that how you read it?


17 posted on 02/16/2009 6:59:24 PM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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