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One Step Closer To A CDO Shockwave

Discussion in 'The Economy' started by Chris C, 2nd Jun, 2009.

  1. Chris C

    Chris C Well-Known Member

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  2. rvoight

    rvoight New Member

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    Kohler and CDOs

    Whilst Kohler is one of the better journos in the markets (although still plenty of room for improvement), him and his team really have little idea about the CDO market in Australia. This GM story was a fizzer with very few CDOs actually referencing the auto.
     
  3. Chris C

    Chris C Well-Known Member

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    Nonetheless, another big US corporate collapse will do nothing for global confidence given that if this recession draws out too long the US has a whole new set of problems to deal with when it comes to financing its debts.

    For now things are looking to be mildly positive, but I think most of the world is praying that this confidence is self sustaining for the next few months.
     
  4. rvoight

    rvoight New Member

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    Good journos report 'facts' not 'opinions'

    I am not criticising your posting. I am simply pointing out that the Kohler article (like many others) was alarmist and did not report the facts. A good journalist reports the facts, not opinion. Opinion should be left to the editor (or the 'opinions' page).