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striperman36 · 09-28-2008, 04:57 PM

The credit default swaps allowed a way around this, but the risk is now so obfuscated that nobody really knows where it is.

-spence[/quote]

Right,
nobody knows how good or bad it really is as they can't reconcile the total offering.

Amazing

09-28-2008, 04:57 PM	#5
striperman36 Old Guy iTrader: (0) Join Date: Oct 2004 Location: Mansfield, MA Posts: 8,760	The credit default swaps allowed a way around this, but the risk is now so obfuscated that nobody really knows where it is. -spence[/quote] Right, nobody knows how good or bad it really is as they can't reconcile the total offering. Amazing