Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

dkf

(37,305 posts)

4. Who? People who have an interest in keeping us invested. (cynical me)

Reply to dixiegrrrrl (Reply #3)

Sun Dec 11, 2011, 01:06 PM

Dec 2011

Yet I am torn by the idea that it is precarious enough for everyone to pull out all the stops to keep things afloat.

Moreover what does it take for a bank to survive if many fail? Of course there were the cynics who said Goldman was waiting for the Euro banks to fail so they could pick up the pieces. I was surprised to see their hypothecation numbers were small compared to Morgan Stanley.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

6 replies

= new reply since forum marked as read

Highlight:

The (sizable) Role of Rehypothecation in the Shadow Banking System [View all] dkf Dec 2011 OP

Shades of MF Global. dixiegrrrrl Dec 2011 #1

What is confusing to me are those who say US banks have a known and survivable amount of exposure dkf Dec 2011 #2

Guess it depends on who is saying that and how you define "known" dixiegrrrrl Dec 2011 #3

Who? People who have an interest in keeping us invested. (cynical me) dkf Dec 2011 #4

Ah, this must be what your last sentence refers to... dkf Dec 2011 #5

Yep, that last paragraph... dixiegrrrrl Dec 2011 #6