We have been headed for a Lehman Bros. moment in Europe for about eighteen months now. I never thought the world would end so slowly.
LOL at the story about B of A having $75 trillion in derivatives exposure. I guess I have about half a million dollars myself in that case. If the stock market figures out a way to crash to zero and go through the roof at the same time, I'll be fucked!
There was a out of lauging before Lehman Bros. and Bear Sterns too.
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