Friday, Dec 21, 2007
European Banks hold the most toxic waste
FT: [Greed & Fear] Financial constipation: The big ‘dump’ is coming
Lots of good stuff here: "The “gob-smacking provision” of U$500bn of liquidity by the ECB this week is proof, if it were still needed, that a large part of the festering structured excreta lies in Europe, says CLSA’s Christopher Wood, in his weekly client newsletter Greed & Fear."
"On the subject of Greenspan, Wood comes back to a pet topic. It is “incredible”, he says, “that the world still takes Pinball seriously”:"
Posted by happyrenterz @ 01:08 PM (203 views) Add Comment
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