Quote:
Originally Posted by LT. DAN 2
JIM'S best line is "The fed is not here to bail out hedge funds".
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yup, that's what Alan Greenspan's done in the past, starting with LTCM's blowup in '98.
the thing that scares me is that something incremental has come out of the discussion.
if you think subprime mortgage defaults are a mess right now ...
CREDIT CARDS ARE NEXT.
