The Hits Will Get Bigger And Bigger

[fencerider2]

This is just a small one were the fund lost 37% of it value in three weeks. State Street Bank and Trust Company holds almost $29 billion in asset-backed commercial paper conduits, Oh my look out below. Most of these kind of losses have been swept under the rug, but as more banks and investment firms come clean, you will find out the rest of the story.



http://www.smartmoney.com/bn/smw/index.cfm?story=20070828051514

According to the report, the fund's big losses may have been caused by investments in mortgage-related securities, and leveraging, which magnified the problems

[Joe]

Oh my look out below.

So, when can I see the blood on the streets? Predictions are only good when one can put the time factor in the prediction. :)

[fencerider2]

So, when can I see the blood on the streets? Predictions are only good when one can put the time factor in the prediction. :)

Call up all the Banks and Investments firms, and ask them when are they going to come clean. Then you will have your answer.