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jdaasoc

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jdaasoc

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Re: ajtj99 post# 110300

Wednesday, 11/07/2007 11:50:23 PM

Wednesday, November 07, 2007 11:50:23 PM

Post# of 148479
No one is going to bail out BSC since they didn't put in anything into the kitty to bail out LTCM in 90's which was a fraction dollar wise of todays problems.

How can MER and LEH pony up much money anyway since they have just marginally better unimpaired net tangible assets to debt ratios. Handing over any money to fix BSC related problems only puts them in a worst bind going forward to deal with they own bags of crap.

PS futs off 10 pts crossing under 10 month MA. Tomorrow afternoon going to be interesting trading volitility wise.

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