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  • Warren Buffett on the Dollar, the Recession, Subprime and Bear Stearns [View article]
    Of particular interest is what Warren Buffet did not say. The subject of CDS (Credit Default Swaps) is probably high on the list of his concerns. This unregulated security bubble has grown from about $45 Trillion to $65 Trillion in the past month or so. Based on the creation of synthetic BONDS which are related to real companies and their bonds, these CDS have the potential to implode explosively.
    IF you don't know what they are, I suggest you find out.
    May 07 14:32 pm |Rating: 0 0 |Link to Comment
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