Skip to main content

View Diary: Icelandic bank failures could sink us(UPDATED) (272 comments)

Comment Preferences

  •  You're conflating issues. (2+ / 0-)
    Recommended by:
    snakelass, truong son traveler

    Have all of the CDO losses in American subprime made it onto every balance sheet?  No.  UBS hasn't been forthright about its exposure, Citi hasn't, Wachovia may have cleared the air this morning, several hedge fund have already failed, etc.  (From what I hear, Goldman didn't do to badly, Lehman came out OK, CSFB is OK, BoA is gravy -- DON'T QUOTE ME ON ANY OF THESE PARTICULAR NAMES!)

    But this is attack on Iceland is an ENTIRELY DIFFERENT issue, an entirely different play.

    Or:  This boat has already been rocked.

    WARNING: There is a high probability that the preceding comment is snark. Use your best judgment (hopefully better than Sen. Clinton's or Sen. McCain's).

    by Anarchofascist on Mon Apr 14, 2008 at 09:40:29 PM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site