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Roger G McCorkle » Comments » FNM

  • Wall Street Breakfast: Must-Know News [View article]



    On Apr 14 09:37 AM marketman54 wrote:

    > At least GS doesn't have any toxic mortgage assets, but what about
    > toxic credit defaults swaps?
    Nope! They sold all the mortgage backed paper to their customers, to help with the "Customer's Yachts."
    Apr 14 10:00 am |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Conversely, the spread between GDP and GDI (gross domestic income) is the biggest in the post World War II era, which may signal talk of an economic recovery is premature."

    This rather brings to mind Henry Ford's comment that "The workers have to make at least enough to buy a Ford."
    Aug 29 09:24 am |Rating: 0 0 |Link to Comment
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