dimelab dimelab: shrinking the gap between talk and action.

illusion created Topic in The Credit Debacle Catalog

Tue 2008-10-07 00:00 EDT

De-leveraging -- Fairy Tale Endings

De-leveraging Fairy Tale Endings, by Satyajit Das; ``perceived abundance of liquidity was, in reality, merely an illusion created by high levels of debt and leverage''

De-leveraging; Fairy Tales end.