and let’s wait to see if the rumors voiced on Zero Hedge about the Dallas Fed pressing for forbearance on defaulting energy debt issues prove out. Extend and pretend-until the end.
Thank you Ilargi, Let us not forget Rep Kanjorski’s assistance in removing enforcement of F.A.S.B 157 and the subsequent façade of Mark-to-Model/Hold to Maturity valuations of Worth(less/more/who knows) securities and debt instruments. When I speak of these things the general response is blind assurance(the blank stare of fear.)