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Exactly... this is why I did nto see that a big problem ont he mrotgage problem.. it is a tailor-amde solution for Spain...

but as you I ahve said pre cisely, the bank debt and credit on companies can look very much a structured vehicle created and bought byt the treasury...

so your point about asking for guarantees in equities makes a lot of sense.

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 Fri Oct 10th, 2008 at 04:13:40 PM EST
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