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German bankers are running about saying that LIBOR is coing back on stream and everything just fine, panic over.................as a layman from Liverpool i have a question or two:-
Have the CDO's been marked to MARKET and found to be 100% value not the 10 Cents on the $ that Bear Strens got?
Have all those EXTRA Homes been sold off?
Have all those ARM Loans Reset ok?
Has CHINA started buying US Debt again?
Mike
Have the CDO's been marked to MARKET and found to be 100% value not the 10 Cents on the $ that Bear Strens got?
Have all those EXTRA Homes been sold off?
Have all those ARM Loans Reset ok?
Has CHINA started buying US Debt again?
Mike