Find the trend whose premise is false
and bet against it
George Soros
If Geithner’s Public-Private Investment Program (PPIP)
provides relatively transparent price discovery
through external private sector auctions
giving regulators a system to mark illiquid assets to market
could some distressed institutions be forced to raise capital
or acknowledge insolvency?
Could the PPIP be a Trojan Horse receivership vehicle
that deflates socialistic nationalization accusations?
In war
will is directed at an animate object that reacts
Karl von Clausewitz
Military Historian and Theorist
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