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Uncle had better ride in on his fiat-horse soon or GE...
Rasputin - Wed, Mar 4, 2009 - 10:25 AM
...will touch off a CDS implosion that might just rival the neutron bomb that Fannie and Freddie's demise touched off back in September 7th, 2008.
For, far from being just a lightbulb manufacturer, GE is knee-deep in the hoopla of debt and derivatives dealings.
So, I imagine that the Fed and feds are "on the case".
Because they had better be.
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Uncle had better ride in on his fiat-horse soon or GE...
Rasputin - Wed, Mar 4, 2009 - 10:25 AM
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