Posted by lessarda on 21st of Jan 2011 at 01:09 pm
The 'riskiest elements' are still real and the company is like a
shadow bank. We'll see how long the implicit and explicit
government aid can hold things up. They hope it's long enough to
earn their way past the write-downs; not sure the market will wait
that long.
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Exactly
spx5,bull flag
Posted by lessarda on 21st of Jan 2011 at 01:09 pm
The 'riskiest elements' are still real and the company is like a shadow bank. We'll see how long the implicit and explicit government aid can hold things up. They hope it's long enough to earn their way past the write-downs; not sure the market will wait that long.