| http://www.w3.org/ns/prov#value | - Corporations are also paying outrageous spreads over comparable Treasuries to borrow money compared to just a couple of years ago, and that interest once again is going to the banks and other institutions that buy their paper and use the excess spread to paper over THEIR losses on mismarked paper.As such the $250 billion number is almost certainly greatly understating the true amount of the damage
|