crash2006 Posted August 14, 2007 Share Posted August 14, 2007 We are in a minefield love it. Traders were also alarmed by signs that the market for asset-backed commercial paper – short-term borrowing by companies – was drying up, and by a profits warning from UBS, the Swiss bank. Drew Matus, economist at Lehman Brothers, said: “We are in a minefield. No one knows where the mines are planted and we are just trying to stumble through it.” http://www.ft.com/cms/s/019d9176-4a2c-11dc...00779fd2ac.html Quote Link to comment Share on other sites More sharing options...
Bossybabe Posted August 14, 2007 Share Posted August 14, 2007 Drew Matus, economist at Lehman Brothers, said: “We are in a minefield. No one knows where the mines are planted and we are just trying to stumble through it.” Economists are either the bravest of the brave or the stupidest of the stupid. Why don't they poke around with a long stick to find out where the mines are planted or walk single file ? Quote Link to comment Share on other sites More sharing options...
crash2006 Posted August 14, 2007 Author Share Posted August 14, 2007 Economists are either the bravest of the brave or the stupidest of the stupid. Why don't they poke around with a long stick to find out where the mines are planted or walk single file ? why cant they poke the cdo sales guys towards the mine field. lol Quote Link to comment Share on other sites More sharing options...
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