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Re: bbotcs post# 86969

Saturday, 11/10/2007 10:58:33 AM

Saturday, November 10, 2007 10:58:33 AM

Post# of 173788
bbotcs - Banks

The banks packaged up $400 billion subprime contaminated slime CDO's and sold them to stupid foreign investors who thought they were getting AAA rated debt. Now it is "F" rated. My questions:

Why would they want to buy more of our debt "instruments"?

Why would our dollar appreciate against other currencies?

How can anyone think we are at the end of this banking crisis?

Kipp

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