Open Question

'the plan' will not turn the toxic paper at ms and gs to aaa. i assume the gov't
will buy that paper at pennies on the dollar. if so, wouldn't gs and ms still be
stuck with these huge losses on their books? or are they allowing gs and ms to
do reverse repos using this worthless paper as collateral? short sellers or not,
how can ms and gs maintain their share prices and those losses simultaneously?
have i missed the point.

Asked by schminkie 1 month ago - 2 answers - 59 views
previous pagePage 1 of 1next page
Go to page:go

Good answer.

Rate Now: 1 2 3 4 Average Rating: 0.00 / 0

same way they've been doing it ALL YEAR LONG....with pickrs ranting GS is best
of breed.

Rate Now: 1 2 3 4 Average Rating: 0.00 / 0

previous pagePage 1 of 1next page
Go to page:go