http://www.moneymorning.com/2008/10/23/mortgage-re-sets/
So if the LIBOR is being fix, is this just a sign that other problems are being masked to hide the extent of the problems? If so this indicates a greater chance of dramatic fall. Cause the market can not process the information correctly you may get a case where multiple pieces of bad news hit at the same and each is worse then expected and Markets hate downside surprises.
Thursday, October 23, 2008
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