So what do you guys think of this multi-billion-dollar fund the money-center banks are tying together to buy up some of these shaky SIVs. Reading about it the whole thing sounds flaky to me, like a bunch of smoke and mirrors to try to bury a really BIG problem. Opinions?
http://www.bloomberg.com/apps/news?pid=20601087&sid=a_jPiji.oAzw&refer=home
http://www.bloomberg.com/apps/news?pid=20601087&sid=a_jPiji.oAzw&refer=home