Menu

Home › Forums › Housing › HOUSE OF CARDS on CNBC tonight Thurs Feb 12th

Viewing 15 posts - 61 through 75 (of 221 total)
1 2 3 4 5 6 … 13 14 15
  • Author
    Posts
  • February 13, 2009 at 9:13 AM #346337
    Casca
    Participant

    It was a great, two-hour, comprehensive reiteration of what happened. They started with buyers, and traveled the food chain all the way out to foreign investors, all the while explaining the process and reinforcing with first person interviews.

    At the end, the reporter tries to tar the loan and investment instrument folks in the middle as greedy, but it’s awfully hard not to see the people at both ends of the chain as greedy and stupid.

    February 13, 2009 at 9:36 AM #345811
    AK
    Participant

    I was struck by the fact that one of the borrowers (the woman in Yorba Linda) admitted she was partially at fault and had done some “stupid” things, but no one else in the chain admitted any fault … not the mortgage brokers, not the securitizers, and especially not Easy Al Greenspan.

    I did think they were too easy on Easy Al. I also thought that (as usual) they focused exclusively on subprime and glossed over Alt-A.

    February 13, 2009 at 9:36 AM #346132
    AK
    Participant

    I was struck by the fact that one of the borrowers (the woman in Yorba Linda) admitted she was partially at fault and had done some “stupid” things, but no one else in the chain admitted any fault … not the mortgage brokers, not the securitizers, and especially not Easy Al Greenspan.

    I did think they were too easy on Easy Al. I also thought that (as usual) they focused exclusively on subprime and glossed over Alt-A.

    February 13, 2009 at 9:36 AM #346240
    AK
    Participant

    I was struck by the fact that one of the borrowers (the woman in Yorba Linda) admitted she was partially at fault and had done some “stupid” things, but no one else in the chain admitted any fault … not the mortgage brokers, not the securitizers, and especially not Easy Al Greenspan.

    I did think they were too easy on Easy Al. I also thought that (as usual) they focused exclusively on subprime and glossed over Alt-A.

    February 13, 2009 at 9:36 AM #346273
    AK
    Participant

    I was struck by the fact that one of the borrowers (the woman in Yorba Linda) admitted she was partially at fault and had done some “stupid” things, but no one else in the chain admitted any fault … not the mortgage brokers, not the securitizers, and especially not Easy Al Greenspan.

    I did think they were too easy on Easy Al. I also thought that (as usual) they focused exclusively on subprime and glossed over Alt-A.

    February 13, 2009 at 9:36 AM #346372
    AK
    Participant

    I was struck by the fact that one of the borrowers (the woman in Yorba Linda) admitted she was partially at fault and had done some “stupid” things, but no one else in the chain admitted any fault … not the mortgage brokers, not the securitizers, and especially not Easy Al Greenspan.

    I did think they were too easy on Easy Al. I also thought that (as usual) they focused exclusively on subprime and glossed over Alt-A.

    February 13, 2009 at 9:50 AM #345816
    peterb
    Participant

    NPR covered the same thing on their radio show about 1.5 years ago. It was very good.

    February 13, 2009 at 9:50 AM #346137
    peterb
    Participant

    NPR covered the same thing on their radio show about 1.5 years ago. It was very good.

    February 13, 2009 at 9:50 AM #346245
    peterb
    Participant

    NPR covered the same thing on their radio show about 1.5 years ago. It was very good.

    February 13, 2009 at 9:50 AM #346278
    peterb
    Participant

    NPR covered the same thing on their radio show about 1.5 years ago. It was very good.

    February 13, 2009 at 9:50 AM #346377
    peterb
    Participant

    NPR covered the same thing on their radio show about 1.5 years ago. It was very good.

    February 13, 2009 at 9:57 AM #345821
    Casca
    Participant

    LOL, I loved the dumb bitch Mayor of Narvik, who borrowed money against the town’s hydro plant to buy CDO’s, and now they’re broke. The fool’s bandaged finger wobbles back to the fire.

    February 13, 2009 at 9:57 AM #346142
    Casca
    Participant

    LOL, I loved the dumb bitch Mayor of Narvik, who borrowed money against the town’s hydro plant to buy CDO’s, and now they’re broke. The fool’s bandaged finger wobbles back to the fire.

    February 13, 2009 at 9:57 AM #346250
    Casca
    Participant

    LOL, I loved the dumb bitch Mayor of Narvik, who borrowed money against the town’s hydro plant to buy CDO’s, and now they’re broke. The fool’s bandaged finger wobbles back to the fire.

    February 13, 2009 at 9:57 AM #346283
    Casca
    Participant

    LOL, I loved the dumb bitch Mayor of Narvik, who borrowed money against the town’s hydro plant to buy CDO’s, and now they’re broke. The fool’s bandaged finger wobbles back to the fire.

  • Author
    Posts
Viewing 15 posts - 61 through 75 (of 221 total)
1 2 3 4 5 6 … 13 14 15
  • You must be logged in to reply to this topic.