with Oli | Strategies


Posts Tagged ‘auction-rate securities’

Advantage BEARS …

Donnerstag, August 7th, 2008

Markets did their minimum and … after the usual bounce around month end … Bad news comes in … After AIG and Freddie Mac and Allianz yesterday (old stuff) … today a new (known) hole was presented to investors … Citibank will have to buy back their auction-rate securities … at least 7 bln$ of [...]