Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The risk will be now on the government.. so far is clear... but I do not get why the risk for the government will change depending on how present credits are reorganized...

It is more like which credits will be passed on than how they will be passed.

That's the key about the government risk... will they take a normal sample or will they concentrated ont he ones which may gone burst more easily in case of meltdown?

Or is the structured and unstructured difference key for knowing which credit/debt the government will take?

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Thu Oct 9th, 2008 at 04:00:48 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series