You know things are getting interesting when Erin Burnett paraphrases somebody's words from "a whole lot worse" to "a hell of a lot worse".
CNBC Video: Credit Contagion: End in Sight?
Although Ken Heebner sounds calm-ish, this thing appears to be spreading pretty quick, and the 'market neutral' funds blowing up trend has a bit of smell of the 'portfolio insurance' blowup of the crash of 1987.
Speculations on oil, peak oil theory, energy in general, and the investment implications.
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