Forum Replies Created
-
AuthorPosts
-
34f3f3f
ParticipantYes, I think this has a true ring to it, and is a kind of housing correction from the bottom up, but I don’t think the two lists are mutually exclusive. If you stay at home, and save you can afford to take that vacation. Buying a car new has always been a bad financial idea. What’s interesting is the credit to debit card swap. Is that really an affordability issue, or a fingers burnt issue?
ParticipantYes, I think this has a true ring to it, and is a kind of housing correction from the bottom up, but I don’t think the two lists are mutually exclusive. If you stay at home, and save you can afford to take that vacation. Buying a car new has always been a bad financial idea. What’s interesting is the credit to debit card swap. Is that really an affordability issue, or a fingers burnt issue?
ParticipantYes, I think this has a true ring to it, and is a kind of housing correction from the bottom up, but I don’t think the two lists are mutually exclusive. If you stay at home, and save you can afford to take that vacation. Buying a car new has always been a bad financial idea. What’s interesting is the credit to debit card swap. Is that really an affordability issue, or a fingers burnt issue?
ParticipantYes, I think this has a true ring to it, and is a kind of housing correction from the bottom up, but I don’t think the two lists are mutually exclusive. If you stay at home, and save you can afford to take that vacation. Buying a car new has always been a bad financial idea. What’s interesting is the credit to debit card swap. Is that really an affordability issue, or a fingers burnt issue?
ParticipantBusiness week did this detailed article back in 2006, which shed a lot of light on Option ARMs, mentioning Bear Stearns, hedge funds etc. Still relevant now of course. http://www.businessweek.com/magazine/content/06_37/b4000001.htm
ParticipantBusiness week did this detailed article back in 2006, which shed a lot of light on Option ARMs, mentioning Bear Stearns, hedge funds etc. Still relevant now of course. http://www.businessweek.com/magazine/content/06_37/b4000001.htm
ParticipantBusiness week did this detailed article back in 2006, which shed a lot of light on Option ARMs, mentioning Bear Stearns, hedge funds etc. Still relevant now of course. http://www.businessweek.com/magazine/content/06_37/b4000001.htm
ParticipantBusiness week did this detailed article back in 2006, which shed a lot of light on Option ARMs, mentioning Bear Stearns, hedge funds etc. Still relevant now of course. http://www.businessweek.com/magazine/content/06_37/b4000001.htm
ParticipantBusiness week did this detailed article back in 2006, which shed a lot of light on Option ARMs, mentioning Bear Stearns, hedge funds etc. Still relevant now of course. http://www.businessweek.com/magazine/content/06_37/b4000001.htm
ParticipantApparently, large chunks of Option ARMs have been repackaged and sold on, supposedly insulating banks, but the remainder on banks books, which as stated above is artificially inflating profits is unpaid interest. What happens when that interest is never paid? Aren’t you going to see a lot of restated profits (losses)? No doubt banks will find a way to camouflage these losses. Seems interest isn’t the only thing that’s going to be deferred.
ParticipantApparently, large chunks of Option ARMs have been repackaged and sold on, supposedly insulating banks, but the remainder on banks books, which as stated above is artificially inflating profits is unpaid interest. What happens when that interest is never paid? Aren’t you going to see a lot of restated profits (losses)? No doubt banks will find a way to camouflage these losses. Seems interest isn’t the only thing that’s going to be deferred.
ParticipantApparently, large chunks of Option ARMs have been repackaged and sold on, supposedly insulating banks, but the remainder on banks books, which as stated above is artificially inflating profits is unpaid interest. What happens when that interest is never paid? Aren’t you going to see a lot of restated profits (losses)? No doubt banks will find a way to camouflage these losses. Seems interest isn’t the only thing that’s going to be deferred.
ParticipantApparently, large chunks of Option ARMs have been repackaged and sold on, supposedly insulating banks, but the remainder on banks books, which as stated above is artificially inflating profits is unpaid interest. What happens when that interest is never paid? Aren’t you going to see a lot of restated profits (losses)? No doubt banks will find a way to camouflage these losses. Seems interest isn’t the only thing that’s going to be deferred.
ParticipantApparently, large chunks of Option ARMs have been repackaged and sold on, supposedly insulating banks, but the remainder on banks books, which as stated above is artificially inflating profits is unpaid interest. What happens when that interest is never paid? Aren’t you going to see a lot of restated profits (losses)? No doubt banks will find a way to camouflage these losses. Seems interest isn’t the only thing that’s going to be deferred.
-
AuthorPosts
