Some More Shoes to Drop

TYHEE GOLD CORP

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silvernut

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Some More Shoes to Drop

posted on Oct 22, 2008 07:23AM

Talks about muni bonds and their inevitable risk and probable government bailout. Also mentions the $260 billion LEH CDS that was due to be paid out yesterday. Gotta wonder if that is why we are seeing more "unwind" of equities yesterday late and today. Reinforces that government will have to bail out EVERYBODY: banks, corporations, states, cities, and taxpayers.