Comments on: FRANCE: BNP PARIBAS SUSPENDS THREE FUNDS AMID LIQUIDITY CRISIS http://cryptogon.com/?p=1142 news - analysis - conspiracies Tue, 09 Feb 2010 15:25:23 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: tochigi http://cryptogon.com/?p=1142&cpage=1#comment-10549 tochigi Fri, 10 Aug 2007 13:11:06 +0000 http://cryptogon.com/?p=1142#comment-10549 quick translation: "the complete evaporation of liquidity in certain market segments of the U.S. securitization market" = "there are NO buyers out there for this worthless junk!" "impossible to value certain assets fairly regardless of their quality or credit rating" = we swear on our mummies' purses that these things are worth zillions, but no one will believe us!" "it’s impossible for those seeking to refinance ABS-related funds with any link to the mortgage market to do so" = "we can't meet the margin calls against these radioactive piles of junk because no one wants to lend us any money using these things as collateral. we just cannot understand why." quick translation:
“the complete evaporation of liquidity in certain market segments of the U.S. securitization market”

= “there are NO buyers out there for this worthless junk!”

“impossible to value certain assets fairly regardless of their quality or credit rating”

= we swear on our mummies’ purses that these things are worth zillions, but no one will believe us!”

“it’s impossible for those seeking to refinance ABS-related funds with any link to the mortgage market to do so”

= “we can’t meet the margin calls against these radioactive piles of junk because no one wants to lend us any money using these things as collateral. we just cannot understand why.”

]]> By: DrFix http://cryptogon.com/?p=1142&cpage=1#comment-10527 DrFix Thu, 09 Aug 2007 23:26:56 +0000 http://cryptogon.com/?p=1142#comment-10527 This Thursday was something! Tip O' the iceberg? This Thursday was something! Tip O’ the iceberg?

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