Wednesday, August 8, 2007
The Great Unwind - Red Sox Edition
The phrase "Great Unwind" is being used to describe the 'unwinding' of over-leveraged and barely-diligenced loans (both to consumers (for houses) and businesses (as part of leverage buy-outs). It might also be used for a Red Sox team that now has a finally-hitting Yankee team squarely in its rear-view mirror (and just five games behind.) Since the dispiriting loss on August 2nd (13-9 to the White Sox, but having dug out from a 0-8 deficit to tie the game in the bottom of the second), the Yankees have won five in a row, and are getting good starting pitching to go with a lineup that is pounding runs. The Red Sox have been winning seemingly with mirrors (and good relief pitching) the entire season, but the last two nights against likely playoff opponent LAA does not bode well.