InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,712.69
(
-0.28%
)
US TECH 100
19,518.00
(
0.40%
)
Dow Jones
41,794.60
(
-0.61%
)
Brent Oil
75.27
(
0.20%
)
Bitcoin
68,784.60
(
1.42%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

porter

Send PM Follow Ignore
Followers 16
Posts 1651
Boards Moderated 0
Alias Born 01/04/2003

porter

Re: zztops post# 575584

Monday, 12/17/2007 3:03:59 PM

Monday, December 17, 2007 3:03:59 PM

Post# of 704019
You overlooked the best part of the story regarding the "pool." After the run municipalities were told there was a 2% penalty fee for removing future money and the municipalities still decided to incur this fee.

The pension exposure is around a half of one percent...$760+ million.

The sub-prime is two and one-half trillion dollars. The CDOs may be infinity.
Infinity is a big number at last glance.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up