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3 Responses to “In America’s Ponzi economy, the financials lead the way.”

  1. PEJ
    March 5th, 2010 at 7:02 am

    I agree with you and often have a look at this reset chart (there’s also a newer one that I can send you). But the Fed has bought more than a trillion dollars worth of these MBS. Do we know what they bought and from whom? Because it would be a big chunk of these resetting mortgages

  2. Ramin
    March 5th, 2010 at 6:30 pm

    Hi,

    I am one of those guys who have been toasted by FAZ :-(
    Can you please let me know how you short FAS?

  3. Mike
    March 5th, 2010 at 6:32 pm

    You need a good broker for getting borrows, like Interactive or Think or Swim. With them, you just click SELL.

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