Wednesday, February 20, 2008

One Article

In my opinion, the current failures in the bond auctions are more than capable of inducing the so called Spitzer Tsunami. The situation in the municipal bond markets gets worse daily, almost hourly, as investors are fleeing those markets.

But there is no need for me to write it up when someone else has done a much better job than I ever could. If you read one article today, this one is it;

http://www.financialsense.com/fsu/editorials/cherniawski/2008/0219.html

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