Wednesday, October 15, 2008

Where Do We Go From Here? John Mauldin's Prescription

Helpful article here from John Mauldin::

"We have dodged a huge bullet. But the anguish this has put the credit markets through the past month was avoidable. The CDS markets MUST be made to migrate to a regulated clearing entity like the Chicago Mercantile Exchange. Next week would be a good time."

That'll do me. Not in the slightest unreasonable.

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