Re: Something Up!

Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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BKM8572

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Re: Something Up!

in response to

Re: Something Up!

jurek

posted on Apr 07, 2009 05:30AM

Jurek:

This morning they announced that 97 percent of the "toxic assets" in the US have yet to be unwound. The toxic assets are estimated to equal 4 trillion dollars. What percentage will never be adequately dealt with is hard to say. But aggregate will likely be a big number. Such cannot bode well for the US$.

Brian

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