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Message: news should be saved for a rainy day....
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Re: news should be saved for a rainy day....

in response to news should be saved for a rainy day.... by Marathon_Man
posted on Nov 26, 08 09:15AM

What exactly does that mean??

Anyway, looks like BCE will be the big story on Wall St. today, as an auditor assigned to the leveraged buyout essentially has said they are insolvent. Seems like such an obvious trade to the short side in hindsight, as $61B would have been hard to raise in this environment.

Somebody pass the popcorn.

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