Home › Forums › Housing › Standard & Poor’s just drove a huge harpoon into the heart of the mortgage credit bubble, › Deutche Bank’s comments
Deutche Bank’s comments really puzzle me. What they call a slow-moving train wreck I call a rollercoaster creaking up to the first big drop-off. I liked hawk’s link to
http://www.nypost.com/seven/07112007/business/roof_caves_in_business_paul_tharp_and_roddy_boyd.htm “July 11, 2007 — Wall Street is bracing for a nearly $2 trillion washout over the collapse of hollow and shaky mortgage bonds, triggering fears of a recession worse than the dot-com bubble bursting.”
(of course I liked it, it supported my opinion heh heh)