Commercial Paper

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Aug 14, 2007 4:32 pm

Reuters is carrying a story this afternoon that there is a probable meltdown in the commercial paper market that could rival the subprime fiasco.


I guess we should just ride it out?  After all the market never goes down, right?


We've been in a 75 year bull market, no reason to be concerned.

Aug 14, 2007 5:06 pm

You are pathetic.

Aug 14, 2007 6:53 pm

Saved him some time.  It is an interesting article.  Typical of news reports though.  Everything is going to cause everything to crash. 


Perhaps it's all a function of a herd mentality and greed.  Rates were low, everyone wants to make money, so lend it to anyone who can hold a pen and sign his name.  Time to pay the piper.  Sucks to be an investor getting caught in the middle. 


http://www.reuters.com/article/reutersEdge/idUSN133468232007 0814

Aug 14, 2007 8:09 pm

Yep, it's different this time.