Saint Xinon

The Credit Crisis and Potential Shorts

Please go through UBS/FNM/FRE accounts.
To be a bank or finance company you need a positive balance sheet.
They are great companies but for that positive balance sheet part.
but for sad knowledge of accounting I would have bought all the way all the stocks of them...
Even Enron was looking better in it's last days than these guys....
Anyway how many of you guys lost money in Enron or gained money by shorting it ?