[blahblahblah]

If at all possible I would get out of IT permanently – I know that’s easier said than done but in the long run it’s probably the smart move.

What would you recommend as a new career for those folks?

[blahblahblah]

If at all possible I would get out of IT permanently – I know that’s easier said than done but in the long run it’s probably the smart move.

What would you recommend as a new career for those folks?

[blahblahblah]

Then again, you have to ask yourself, in most cases why would someone take an IO ARM in the first place?

Of course the line I always heard was — “Well you see, these are doctors about to graduate medical school. They don’t have much income now but NEXT year they’ll have a lot and they’ll go with a more traditional loan.”

If that was indeed the case then nothing will happen when these option ARMs recast. All of these newly minted doctors will just suck up the higher payments or refinance into a different mortgage when the time comes. We will soon find out, won’t we?

[blahblahblah]

Then again, you have to ask yourself, in most cases why would someone take an IO ARM in the first place?

Of course the line I always heard was — “Well you see, these are doctors about to graduate medical school. They don’t have much income now but NEXT year they’ll have a lot and they’ll go with a more traditional loan.”

If that was indeed the case then nothing will happen when these option ARMs recast. All of these newly minted doctors will just suck up the higher payments or refinance into a different mortgage when the time comes. We will soon find out, won’t we?

[blahblahblah]

Then again, you have to ask yourself, in most cases why would someone take an IO ARM in the first place?

Of course the line I always heard was — “Well you see, these are doctors about to graduate medical school. They don’t have much income now but NEXT year they’ll have a lot and they’ll go with a more traditional loan.”

If that was indeed the case then nothing will happen when these option ARMs recast. All of these newly minted doctors will just suck up the higher payments or refinance into a different mortgage when the time comes. We will soon find out, won’t we?

[blahblahblah]

Then again, you have to ask yourself, in most cases why would someone take an IO ARM in the first place?

Of course the line I always heard was — “Well you see, these are doctors about to graduate medical school. They don’t have much income now but NEXT year they’ll have a lot and they’ll go with a more traditional loan.”

If that was indeed the case then nothing will happen when these option ARMs recast. All of these newly minted doctors will just suck up the higher payments or refinance into a different mortgage when the time comes. We will soon find out, won’t we?

[blahblahblah]

Then again, you have to ask yourself, in most cases why would someone take an IO ARM in the first place?

Of course the line I always heard was — “Well you see, these are doctors about to graduate medical school. They don’t have much income now but NEXT year they’ll have a lot and they’ll go with a more traditional loan.”

If that was indeed the case then nothing will happen when these option ARMs recast. All of these newly minted doctors will just suck up the higher payments or refinance into a different mortgage when the time comes. We will soon find out, won’t we?

[blahblahblah]

A hedge fund founder, despondent over blowing more than $1 billion in the Bernie Madoff scandal, killed himself in his Manhattan office Tuesday, police sources said.

Could be a suicide. Or perhaps he was “suicided” because he was going to sing. It is interesting that Bernie Madoff offered himself up so easily — “Sorry about that $50B, it’s all gone in my little ponzi game.” Yeah right, he ran this multi-billion dollar operation ALL BY HIMSELF with no help from others. He’s gonna go to club fed for 3 years and when he gets out you can bet that the moolah will be waiting for him and his cohorts.

[blahblahblah]

A hedge fund founder, despondent over blowing more than $1 billion in the Bernie Madoff scandal, killed himself in his Manhattan office Tuesday, police sources said.

Could be a suicide. Or perhaps he was “suicided” because he was going to sing. It is interesting that Bernie Madoff offered himself up so easily — “Sorry about that $50B, it’s all gone in my little ponzi game.” Yeah right, he ran this multi-billion dollar operation ALL BY HIMSELF with no help from others. He’s gonna go to club fed for 3 years and when he gets out you can bet that the moolah will be waiting for him and his cohorts.

[blahblahblah]

A hedge fund founder, despondent over blowing more than $1 billion in the Bernie Madoff scandal, killed himself in his Manhattan office Tuesday, police sources said.

Could be a suicide. Or perhaps he was “suicided” because he was going to sing. It is interesting that Bernie Madoff offered himself up so easily — “Sorry about that $50B, it’s all gone in my little ponzi game.” Yeah right, he ran this multi-billion dollar operation ALL BY HIMSELF with no help from others. He’s gonna go to club fed for 3 years and when he gets out you can bet that the moolah will be waiting for him and his cohorts.

[blahblahblah]

A hedge fund founder, despondent over blowing more than $1 billion in the Bernie Madoff scandal, killed himself in his Manhattan office Tuesday, police sources said.

Could be a suicide. Or perhaps he was “suicided” because he was going to sing. It is interesting that Bernie Madoff offered himself up so easily — “Sorry about that $50B, it’s all gone in my little ponzi game.” Yeah right, he ran this multi-billion dollar operation ALL BY HIMSELF with no help from others. He’s gonna go to club fed for 3 years and when he gets out you can bet that the moolah will be waiting for him and his cohorts.

[blahblahblah]

A hedge fund founder, despondent over blowing more than $1 billion in the Bernie Madoff scandal, killed himself in his Manhattan office Tuesday, police sources said.

Could be a suicide. Or perhaps he was “suicided” because he was going to sing. It is interesting that Bernie Madoff offered himself up so easily — “Sorry about that $50B, it’s all gone in my little ponzi game.” Yeah right, he ran this multi-billion dollar operation ALL BY HIMSELF with no help from others. He’s gonna go to club fed for 3 years and when he gets out you can bet that the moolah will be waiting for him and his cohorts.

[blahblahblah]

No surprise about the sales office for Temecula homes — prices there are starting to be sensible again. Of course how many of those packing the sales office will qualify for loans now?

I was in Nordstrom’s (Horton Plaza) last week and it was noticeably emptier than in years past. My guess is that the bottom end and lower middle class are cutting back on expenses and that the upper middle classes are still shopping till they drop at Fashion Valley. Until the $180K/yr “Assistant Vice President in Charge of Lunchtime Meetings and Power Point Presentations” crowd start losing their jobs things probably won’t change too much in the nice neighborhoods.

I am seeing the occassional good deal pop up on the MLS in a nice area. Often they are fixers or flips gone bad.

[blahblahblah]

No surprise about the sales office for Temecula homes — prices there are starting to be sensible again. Of course how many of those packing the sales office will qualify for loans now?

I was in Nordstrom’s (Horton Plaza) last week and it was noticeably emptier than in years past. My guess is that the bottom end and lower middle class are cutting back on expenses and that the upper middle classes are still shopping till they drop at Fashion Valley. Until the $180K/yr “Assistant Vice President in Charge of Lunchtime Meetings and Power Point Presentations” crowd start losing their jobs things probably won’t change too much in the nice neighborhoods.

I am seeing the occassional good deal pop up on the MLS in a nice area. Often they are fixers or flips gone bad.

[blahblahblah]

No surprise about the sales office for Temecula homes — prices there are starting to be sensible again. Of course how many of those packing the sales office will qualify for loans now?

I was in Nordstrom’s (Horton Plaza) last week and it was noticeably emptier than in years past. My guess is that the bottom end and lower middle class are cutting back on expenses and that the upper middle classes are still shopping till they drop at Fashion Valley. Until the $180K/yr “Assistant Vice President in Charge of Lunchtime Meetings and Power Point Presentations” crowd start losing their jobs things probably won’t change too much in the nice neighborhoods.

I am seeing the occassional good deal pop up on the MLS in a nice area. Often they are fixers or flips gone bad.

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