Friday, March 13, 2009

Thank's Jim - I enjoy your website, interresting commentrary ! - Mark to market !? - how about zero value on the derivatives?

http://www.jsmineset.com/

"In these current economic crises, we are sorry but we see no other alternative but to reduce our staff.

We have to lay off André."

clip_image001

Jim Sinclair’s Commentary

Can you imagine if they had to mark to market what these pensions would be worth?

No comments:

Post a Comment