Sorry Rustico. My apologies
I didnt know about the previous stuff. I am really worried about this hedge fund stuff. Even tho I’m short the insurers (ABK and MBI) I have reservations about a serious meltdown. It appears serious enough that Merrill avoided dumping those CDOs on the open market for fear of causing a panic. Still, Moody’s was forced today to revalue and there will be more. Brookstreet went under, and although they are only a tiny blip it still speaks volumes as to the precariousness of the situation at hand
