Another Day, Another Bailout: Deleveraging Denial [View article]
They mean exactly what they say, when they are talking about credit spreads for the AAA ABS market. If you had any knowledge of this market, you would know that these spreads are at ALL time highs (not just relative to the past couple of years). I agree with your points about deleveraging, and how the whole nation was too highly levered at one point. This also doesn't mean that nothing needs to be done. Someone (i.e. the govt) needs to step in to shore up the credit markets so that they start functioning more appropriately sooner. If no one steps in, it could utimately lead to further destruction or collapse of the financial markets.
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Helix Energy Solutions Group: The Little Engine That Could [View article]
Good Work, Keep it up!!!