Thursday, April 17, 2008

Debt Rattle, April 17 2008: Al Capone's Soup Kitchen

Chicago, Nov 16 1930-Outside Big Al's: Al Capone's soup kitchen Ilargi: Fresh assessments of losses waiting in the pipeline are emerging rapidly. $2 trillion looks more realistic to me than anything I�ve seen up to this point, especially when it�s specifically stated that this concerns only US consumer and commercial loans. The inevitable derivatives A-bomb blast that waits in the wings will make

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