Wikileaks - A ticking bomb fro Wall Street?

[WhiskeyGirl]

“Maybe there’s a bomb in there but it’s just hard to imagine any problem we didn’t already know about,” he said.

Maybe some of us never got the memo about the bombs?  

David Weidner, Wall Street columnist for MarketWatch, recently echoed similar sentiment in an interview with FOX Business, noting the leaks are not going to be a “game changer,” but will most likely cause some embarrassment.

Which game?  Poverty among the working poor on Main Street?  All the fiat money gone from retirement funds?  $10,000 lost, returned with $11,000 worth 1/3 less?  

$11,000 Obama dollars worth $6,000 in Bush dollars?  $5 dollars in Obama cash buys you a gallon of gas. $5 in Bush cash bought you 2 gallons?  Obamanomics hard at work?

They could “color in our suspicions, indicate our worse fears about what really happened” during the credit crisis, he said.

What is the truth?  Cover-up?  Conflicting interests?  Robbery, rip-off, theft from Main Street?

Dick Bove, an influential banking analyst at Rochdale Securities, said whatever's contained in the release it will have to be relevant to the time to cause any substantial damage to the markets. If the leaks deal with certain loan portfolios that have already been written off or legal issues that have been resolved, for instance, the market could escape virtually unscathed. But if the issues hit current court cases or new legal violations, a bank’s stock could feel the repercussions, he said.

Who is paying for the 'write off' of 'certain' loan portfolios?  Fannie?  Freddie?  US taxpayers?  What about the billionaires that got away?  Big Wall St. banks?

What does that mean?  Documents/emails weren't turned over to prosecutors?  Investigators?  Wall Street wasn't honest with Congress, the President, or Main Street?


Read more: http://www.foxbusiness.com/markets/2010/12/03/wall-street-braces-wiki-leaked/#ixzz17oSgzJPT