The Register® — Biting the hand that feeds IT

Comments on: Overstock's Byrne deciphers Economic Meltdown Civilization Deleveraging

Voice of God 

Posted Wednesday 3rd December 2008 12:57 GMT

Please tell Cade to turn the reverb down.

Mark to Market is probably 

Posted Wednesday 3rd December 2008 14:41 GMT

the more direct culprit in the current crisis. Just because one company had to sell their prices at fire sale discounts, all the rest of the companies that didn't have to sell them had to mark them down to the same value. And then companies that were sound were suddenly in dire straights and also had to sell their assets at fire sale prices. In that kind of environment, naked short selling is a rational way to make money.

De-leveraging? 

Posted Friday 5th December 2008 18:06 GMT

Coat

You've just had a hundred comments on buffling in which 'leveraging' came up often as a cause of word-rage. Lever: a whatnot for shifting things. Leverage: an emotional state where you're ready to get your life shifted by the guy who has the leverage. De-leverage: an emotional state where you're ready to get it back again.

Now we have our civilisation being de-leveraged? Sounds better than economically melting. I'm worriedly hopeful again.

I don't want to think of post-coitus naked shorts, so I'll just get my coat now ...

Don’t Miss