Originally Posted by Sami

this is just the tip of the iceburg...


US financial system is in a huge trouble...
beyond what words can describe.

All markets for any paper with any risk is completely at a halt.


we're in for a show folks! many of these big wallstreet firms have direct systematic risk to the american financial system.... fall of a big one is going to trigger a major domino effect ... Citigroup right now is holding over a trillion dollars of derivatives that are mark to model.. when those come onto the balance sheet and become mark to market... all hell is going to break loose.


giddyup