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lentinman

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lentinman

Re: littlefish post# 17235

Sunday, 10/05/2008 1:50:39 AM

Sunday, October 05, 2008 1:50:39 AM

Post# of 33753
LF:

I think our leverage is overwhelmingly worse than 1929. There was no such thing as a derivative in 1929 - or at least none that I know of. You hear different numbers from different people, but I heard a number in the $700T (yes T) range yesterday!

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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