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Re: babycakes post# 1774

Wednesday, 01/21/2009 8:59:10 AM

Wednesday, January 21, 2009 8:59:10 AM

Post# of 1988
Mort Zuckerman; Brace for the worst in '09. Huge downside risks to the stock mkt....
Predicts BAC , C will survive due to US guarantees

Commercial Real Estate at especially high risk. Office buildings less so than other.

He does say 'unless the govt' steps in.
He didnt' say to what extent they'd have to be involved, to avoid the worst.


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