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To: RSmithOpt
I'd like to know how much US 'investment bank' $$ are tied to Dubai World's derivatives Ponzi scheme??

I think we're going to find out in pretty short order today, but if I had my guess it'd be those banks with big investment arms such as Chase, BofA, CitiBank. I'd also pay attention to the State Street's and BONY's who often act as custodian's for major investors as they seek to re-evaluate their holdings today, assuming they have any of the funds from Dubai.

61 posted on 11/27/2009 3:18:09 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative
I've read that the artificial economy created from the global derivatives Ponzi scheme is realistically between $500-$700 trillion and it has not even unwound 50% as of yet.

Thank you Allen Greenspan and Bildeburg!

62 posted on 11/27/2009 3:23:11 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: usconservative
Wouldn't you want to spend $1.5 - $5.5 million for this flat ocean / beach view???

Get'em while they're HOT!

The perfect sheeple corral.

64 posted on 11/27/2009 3:29:42 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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