Bob Pisanti just said he hasn't heard a word about the sale of Lehman's CDS yet today and speculated that that MAY be a good thing, but with a liability of 90 cents on each dollar they insured I have serious doubts as to whether it's all been paid for yet.
Lehman had roughly $600 billion in CDSs if I'm not mistaken. That's a BIG CHUNK OF CHANGE! If it's still hanging out there in any serious way we're in for another big THUMPING so keep your ears pricked for that next shoe to hit the floor.
That's the kind of thing they just LOVE to announce AFTER THE CLOSE!
McGRANDPA's choice of Palin for VP was irresponsible, dangerous and an insult to Americans. By that choice and his continuing evil he's proving he'll do anything to win this election even to the point of endangering his own country. DEFEAT HIM!
McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!
