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The Myth of Moral Hazard Replies |
rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16445 Location: Sunny California
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Posted: Tue Feb 02, 2010 8:26 am Post subject: |
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Here it is: Obama's "bankster fight" bringing out the Moral Hazard trade.
http://www.bloomberg.com/apps/news?pid=20601087&sid=an6B4vQ4NFx4&pos=3
| Quote: | | Now, TCW Group Inc., AllianceBernstein LP and Advantus Capital Management say bank bonds are attractive. The government won’t tolerate another failure like the bankruptcy of Lehman Brothers Holdings Inc. in September 2008, which led to a seizure in credit markets, investors said. |
_________________ Today is the Tomorrow you worried about Yesterday! |
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