主题：美国股市的终极圈套 -- 倥偬飞人

I read that when MER was trying to sell off CDOs it held as collaterals, the highest bid received in auction was 5 cents on the dollar. The auction was later cancelled.

如果经过确实如此的话，那说明MER在auction之前也没想到CDO会如此不堪。不然根本不会有那次auction，也不会有这次的风波。

降级对CDO所有人的打击不亚于投行。这个泡泡没有人愿意戳破。这次曝光我觉得是意外。

其实美元的泡泡要比CDO大的多，历史也长的多，到现在不也一样好好的？在一个被操纵了的市场里价值分析的信徒将会是痛苦的。