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Re: A deleted message

Thursday, 07/09/2009 3:12:49 PM

Thursday, July 09, 2009 3:12:49 PM

Post# of 3026
"Collection fom derivitives. Marsal said they collected $16bil of $27.1bil that they are owed from derivitives. This is only 1% of all derivitives and 99% have not been sorted out yet."

1% of derivatives sorted out have netted .59 on the $1. That appears to be very good news. If this were a political campaign we'd only need another 3% to predict the final figures. Why aren't those bond prices moving up?