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"The policy behind this federal support seems clearly focused on avoiding a second Lehman-type failure and subsequent market meltdown," David Kotok at Cumberland Advisors ...
“The Fed can no longer believe that the housing, subprime, commercial paper, hedge fund, etc. turmoil is contained,” said David Kotok at Cumberland Advisors.
Read david kotok's cumberland advisors brilliant commentary on this topic from last year. Why pay your landlords mortgage. To state the obvious, china's a big place.
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SapuraCrest Petroleum Berhad (Public Company; Oil & Energy industry): Deputy General Manager, (February 2007-Present) ...