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Old 04-16-2010, 01:22 PM   #1
C. David Henderson
Location: Santa Fe New Mexico
Join Date: Sep 2008
Posts: 606
United_States
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Vampire squid under attack

Couldn't happen to a nicer cephalopod:

http://www.sec.gov/litigation/compla...-pr2010-59.pdf

Well, yeah, I guess it could.

David Henderson
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Old 04-16-2010, 05:51 PM   #2
Rob Watson
Location: CA
Join Date: Sep 2005
Posts: 697
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Re: Vampire squid under attack

"synthetic collateralized debt obligation"

I actually heard a very cogent explanation of exactly what this is and basically it is 'hope'. As in "I hope I can make some cash on this gimmick." A paper bag of hot air is more collateral ...

"In my opinion, the time of spreading aikido to the world is finished; now we have to focus on quality." Yamada Yoshimitsu

Ultracrepidarianism ... don't.
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