blog of Brad Setser:
"October 28th, 2008 at 10:44 pm
Where’s the money now?
It was never there.
October 29th, 2008 at 12:05 am
2fish — i lack your training in detecting anti-matter, but i would second your thought that “it was never there” … of course, lots of the street got paid as if what wasn’t there was, but that is a different story."