On Aug 9, 2007, at 6:52 PM, raghu wrote:
You know a lot more than this, but I assume that if the Chinese central bank ever needs to sell treasuries openly, it'd use the Wall St investment banks to find it a buyer.
They'd probably have to, but it'd be the biggest secondary offering in human history, and impossible to keep secret. And once news got out, all hell would break loose. So it's really hard to imagine how they'd pull it off. And to imagine who'd Wall Street ever find to buy all that Treasury paper even if they could keep it secret. Doug
