Wisconsin native. "The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC "Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
The chart suggests that if AIG, another player, copies Lehman's markdowns, they will knock off another $15Bn from their asset column.
Hmmmm.
AltA paper is (that is, WAS) considered decent stuff. Not prime, but decent.
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