> gg wrote: > agreed to guarantee them against > losses from credit default swaps
And you see all, this is Robert does you such a disservice by repeating the misinformation about sub-prime. There is $1000 Trillion in nominal value of derivatives out there. That is NOT a typo. I mean it's not even a real number it's so ridiculous. //Dr. Evil accent // "One thousand trillion dollars" The AIG blackhole has been bailed out on **only** $180 billion. If these things REALLY unravel? Whoa. The sub-prime thing is so laughably inconsequential comparatively, anyone who repeats it is just plain ignorant or intentionally attempting to deceive you. I wonder which Robert is ... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:290951 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
