[meatloaf]

What collection of fairy tales did this story come from? I’m somewhat perplexed at only a half billion dollars of losses when the top six bank holders of derivatives were stuck with derivatives that used to be worth 200 trillion dollars. I’m astounded that someone has been able to sort through all of the mortgages, student loans and credit card debt that was securitized and come up with only a half billion dollars of losses.

I think I need a new BS meter. Mine just exploded.

[GOPJ]

I’m astounded that someone has been able to sort through all of the mortgages, student loans and credit card debt that was securitized and come up with only a half billion dollars of losses.

Ummm, do you get the feeling they're just making it up?