US Banks PIIG Exposure Article
Jun 8 2011, 08:27 AM
Jun 8 2011, 08:54 AM
All you needed to do was ask Geithner, he knows the exposures right down to the million!
Jun 8 2011, 08:58 AM
Next time I see him, I'll ask!
BTW, if the ECB is insolvent, See
ECB Insolvency Analysis
then what does that do to the FED?
Jun 8 2011, 09:29 AM
Well, in these days of $TRILLIONS...
The 200B US Exposure is almost a rounding error...
Jun 8 2011, 09:37 AM
I get/appreciate the humor, and it's almost spot on, except the Fed is leveraged 50 to 1.
Hey, I'm a poet!
Jun 8 2011, 10:14 AM
I hear there's a job open at the IMF.
Maybe BurnYanqui will quit and apply for it.
We can always hope !
Jun 8 2011, 10:17 AM
And then there's always the backup plan....
Jun 8 2011, 10:22 AM
Now that's funny!!
Have a great one Semi!
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