gordon

Toles on Wall Street

This was engineered on Quad-Witching options expiration to achieve max pain on short-sellers, those who bet right on fundamentals, democracy and free markets be damned, UK says no short selling, period, but won't bailout autos, creditcard bonds, etc, only banks. Are autos, creditcards, student loan collateralizations included in Paulson's cash for toxic bonds? Is that next? The ECB discovered an Australian bank had re-routed toxic auto loans through a subsidary to disguise it as mortgages.