[lbo-talk] counting to 200 -- how about 500

Andy F andy274 at gmail.com
Thu Nov 8 05:51:48 PST 2007


On Nov 7, 2007 7:39 PM, ira <ira at yanua.com> wrote:


> And guess what now? New reliable estimates suggest that using these
> market prices – rather than level 3 model gimmicks - will lead to losses
> of another $100 billion on top of hundreds of billions of subprime
> losses. And some market participants are already talking – quite
> realistically – about total losses from this credit disaster in the $500
> billion range.

Isn't that what the S&L bailout was?

-- Andy



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