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In Reply to: RE: 'Too Big To Fail' . . . . . posted by mr grits on July 04, 2012 at 19:28:03
they made a VERY difficult story pretty easy to follow and did a good job explaining the crux of the problem. Wife patiently watched it with me and about 30 minutes in told me, I still don't understand what caused the problem and what the ramifications are. At this point, as if they'd heard her, someone on Paulson's staff starts explaining these very points to some other party. Talk about good timing, if they don't explain derivatives etc.., yers truly would have had to stumble thru it, badly.
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Do I have to spell it out?
C----H----E----E----S----E
A---N---D
O---N---I---O---N---S
Oh no.....
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