"dapperdobbs" <GeorgeCFL@[EMAIL PROTECTED]
> wrote
> Note to Elle: sorry you had difficulty with the link I put
> up (it
> seems like two links got posted somehow). Did you notice
> the headlines
> about Bear Stearns today? Even guys with AAA mortgages
> can't find a
> market for them,
Sure but none of this is a surprise, IMO. You called all
this a "black swan" event, which suggests unforeseeablity. I
call it foreseeable, based in part on the past but also on
the presence of much inappropriately based credit. (I did
not foresee it, but from general reading it seems a number
of people like Buffett and Robert ****ller did.)
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