AHM implosion – Piggington's Econo-Almanac

This topic has 6 replies, 4 voices, and was last updated 17 years, 8 months ago by JWM in SD.

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July 31, 2007 at 3:57 PM #9659

Allan from Fallbrook
Participant

While they apparently have “contained” the sub-prime market, it appears they weren’t watching the Alt-A market. Whoops.

Link to story on AHM:

http://news.yahoo.com/s/nm/20070731/bs_nm/americanhomemortgage_liquidity_dc_4;_ylt=Ato1WgVPXoE3G1o6a6tzPI2z1g4B

Credit Crunch, anyone? Very tasty, and it goes good with milk!

July 31, 2007 at 5:02 PM #69016

bsrsharma
Participant

Any guess on probability of CFC imploding? That will be quite an event.

July 31, 2007 at 5:02 PM #69087

bsrsharma
Participant

Any guess on probability of CFC imploding? That will be quite an event.

July 31, 2007 at 5:15 PM #69024

kev374
Participant

this was expected of course!!

July 31, 2007 at 5:15 PM #69095

kev374
Participant

this was expected of course!!

July 31, 2007 at 7:48 PM #69054

JWM in SD
Participant

Yes, and I will buy a new car when that happens 😉

July 31, 2007 at 7:48 PM #69125

JWM in SD
Participant

Yes, and I will buy a new car when that happens 😉
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