Monday, January 20, 2014

Bank of America Is Actively Preparing For The Chinese January 31 Trust Default



Hoosier's note: You don't have to go through all the details described in the article. Just note that the risk of a default by CEQ1 (China Credit Trust's Credit Equals Gold #1) is very real.

And, I believe January 31, 2014, is the Chinese New Year...a lot of people are going to have a very sad holiday.

I think this could be another 'Lehman Momoent'!