ot q for ganchrow

[trixtrix]

please give us your thoughts on the effects/ramifications of the current bear stearns crisis

(i contend this thread still belong in think tank thread as market handicapping is still handicapping)

[Ganchrow]

You'll have to excuse me but I'm afraid I've never been much a fan of financial economics Mad Libs.

[SBR Lou]

What a pithy statement from Ganch.

[trixtrix]

ganch is the only one that still makes me hit up webster online every now and then..

are you not interested in giving your opinion at all ganch on the current situation or do you prefer the questions to be more specific and not so open-ended?

surely you have opinion on the subject. for instance do you think it's a rumour feeds rumour type of frenzy that led to bear's illiquidity and downfall? being that no counterparty was willing to deal w/ them near the end of last week. or were they already on the precipice?

i just read 4 pages of interesting theories on lva where an econ professor and a poster from broker side duked it out. just thought it'd be interesting hear from someone on the trading floor or used to be on the trading floor.