Sunday, March 9, 2008

Debt Rattle, March 9 2008: The Game Is Over

Ilargi: Late yesterday, I added the first article below to the Debt Rattle, and put in bold letters above it: The Game Is Over! It might be a good idea to explain that.JPM states that Wall Street banks are facing a "systemic margin call", in other words a margin call that will pervade through the system (a margin call takes place when a broker tells a borrower to put more collateral for a loan

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