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gold_dredger_phd.
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November 28, 2007 at 4:35 PM #11014November 28, 2007 at 8:36 PM #104869
pnilesh
ParticipantIt is quite possible that WSJ reporters are FBs themselves… So how to let the pain out…. write it in the newspaper..
November 28, 2007 at 8:36 PM #104959pnilesh
ParticipantIt is quite possible that WSJ reporters are FBs themselves… So how to let the pain out…. write it in the newspaper..
November 28, 2007 at 8:36 PM #104965pnilesh
ParticipantIt is quite possible that WSJ reporters are FBs themselves… So how to let the pain out…. write it in the newspaper..
November 28, 2007 at 8:36 PM #104993pnilesh
ParticipantIt is quite possible that WSJ reporters are FBs themselves… So how to let the pain out…. write it in the newspaper..
November 28, 2007 at 8:36 PM #105017pnilesh
ParticipantIt is quite possible that WSJ reporters are FBs themselves… So how to let the pain out…. write it in the newspaper..
November 29, 2007 at 7:16 AM #105036patb
ParticipantThe article does make a basic point.
there are different types of FB’s.
1) Speculators: Screw them, let the bank hash it out,
2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.November 29, 2007 at 7:16 AM #105124patb
ParticipantThe article does make a basic point.
there are different types of FB’s.
1) Speculators: Screw them, let the bank hash it out,
2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.November 29, 2007 at 7:16 AM #105182patb
ParticipantThe article does make a basic point.
there are different types of FB’s.
1) Speculators: Screw them, let the bank hash it out,
2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.November 29, 2007 at 7:16 AM #105130patb
ParticipantThe article does make a basic point.
there are different types of FB’s.
1) Speculators: Screw them, let the bank hash it out,
2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.November 29, 2007 at 7:16 AM #105159patb
ParticipantThe article does make a basic point.
there are different types of FB’s.
1) Speculators: Screw them, let the bank hash it out,
2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.November 29, 2007 at 7:43 AM #105164kewp
Participantbut, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.I’ll disagree about the hedge funds. They are, by their nature, high-risk. No skin of my (or the average American’s) back if they all become insolvent.
Other than that, I agree with the points listed. But I’ll suggest the banks have already been bailed out by the Fed and we are all paying for it, via inflation.
November 29, 2007 at 7:43 AM #105188kewp
Participantbut, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.I’ll disagree about the hedge funds. They are, by their nature, high-risk. No skin of my (or the average American’s) back if they all become insolvent.
Other than that, I agree with the points listed. But I’ll suggest the banks have already been bailed out by the Fed and we are all paying for it, via inflation.
November 29, 2007 at 7:43 AM #105136kewp
Participantbut, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.I’ll disagree about the hedge funds. They are, by their nature, high-risk. No skin of my (or the average American’s) back if they all become insolvent.
Other than that, I agree with the points listed. But I’ll suggest the banks have already been bailed out by the Fed and we are all paying for it, via inflation.
November 29, 2007 at 7:43 AM #105129kewp
Participantbut, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.I’ll disagree about the hedge funds. They are, by their nature, high-risk. No skin of my (or the average American’s) back if they all become insolvent.
Other than that, I agree with the points listed. But I’ll suggest the banks have already been bailed out by the Fed and we are all paying for it, via inflation.
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