Sunday, September 28, 2008

The microwave oven

Article source Link




In an op-ed in the Financial Times on Monday, I described the unraveling and demise of the shadow banking system that started with non-bank mortgage lenders, structured investment vehicles (SIVs) and conduits, major independent monoline broker dealers and money market funds. I then argued that the next leg of this unraveling would be hedge funds and private equity firms and their reckless leveraged buyouts (LBOs).
Let me now discuss in more detail this unraveling of parts of the hedge fund industry




Nikon slr camera

Ww horse trailer

Spy camera watch

Wireless color camera

Buy security cameras

Labels: