damienhaas

Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard

The key is the house price. If the price keep falling, it will lower the valuation of the CDO even further. That will make investor even more reluctant to invest in CDO until the price stabilised.

Bear Stearns Gets Emergency Funding From NY Fed, JP Morgan

Tony, If you are so bullish now, maybe what you should do is to put all your money into equities now...... Good luck to you also.