interesting analogy

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Posted by warren mosler (65.113.90.26) on 17:33:49 11/07/07

you sell your car at 3am Sat to settle poker losses and get half of what it would have sold for at auction the Friday before.

The one player is a market analyst and revalues auto receivable assets based on the sale of your car, and declares gmac insolvent.

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Subject:	Re: interesting analogy
Comments:	: you sell your car at 3am Sat to settle poker losses and get half of what it would have sold for at auction the Friday before. : : The one player is a market analyst and revalues auto receivable assets based on the sale of your car, and declares gmac insolvent.
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