2010-06-03 — nakedcapitalism.com
"We’ve taken the liberty of designating the biggest money pits of the financial crisis as “black holes.†And one the characteristics of black holes is that anything that crosses the so-called “Schwarzschild radius†does not escape. That means that it is impossible to obtain any information from inside the Schwarzschild radius. That feature seems particularly relevant as far as AIG and Lehman are concerned. "
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