2007.07.16

Bare Sterns

Posted in Econ at 23:15 by requiem

Introduction & Recent News

“Only when the tide goes out do you discover who’s been swimming naked.”
– Warren Buffett

This post is on recent developments in the finance world. I’ll start things off with a small chart, courtesy of Credit Suisse, then explain its connection to imploding hedge funds.

Credit Suisse 2007 ARM reset schedule

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