Worst of US credit crisis not over. What worries me is that no one seems to know the full amount of off-balance sheet securities circulating in the financial markets. This is what frightens me most-no one can tell me how much more will be written off because no one really knows the size of the CDO market before its collapse. I hope I am wrong, but my view is that this crisis will take 1 to 2 years to stabilize.
-Wee Cho Yaw July 8, 2008
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