Re: understanding liability

On Apr 1, 6:41 am, dapperdobbs <George...@[EMAIL PROTECTED]
> wrote:

> The crisis may in fact be over at this point. Not much discussion has
> gone on in this forum about the crisis as it was unfolding, and very
> little appeared in the widely-distributed media PRIOR to the crisis.
> (A number of non-media papers and analyses were available prior to the
> crisis (one link to an article written by an official of Fannie Mae
> was posted in this forum way back in early 2005), but you had to look
> and dig to find them.)

I'm not sure whether I buy the argument that the crisis is over.
Some of the blogs I read say there's more to come
(like Mish's blog).  In general, until employment starts picking
up, I don't think we will have seen the end of this crisis (hence
my conservative stance to investing at this time).  The fed may
have to bail a few more banks out.

Anoop

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