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ParticipantOne important thing to note now is that nobody knows — well, at least none of us little people — where those several trillion in bailout dollars ended up. That pool of cash can now be used to make all manner of weird things happen. Prepare for the unexpected…
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ParticipantThe $ is currently dropping like a rock if you haven’t noticed. Now it’s back to $1.41/euro. That rally was short-lived.
blahblahblah
ParticipantThe $ is currently dropping like a rock if you haven’t noticed. Now it’s back to $1.41/euro. That rally was short-lived.
blahblahblah
ParticipantThe $ is currently dropping like a rock if you haven’t noticed. Now it’s back to $1.41/euro. That rally was short-lived.
blahblahblah
ParticipantThe $ is currently dropping like a rock if you haven’t noticed. Now it’s back to $1.41/euro. That rally was short-lived.
blahblahblah
ParticipantThe $ is currently dropping like a rock if you haven’t noticed. Now it’s back to $1.41/euro. That rally was short-lived.
blahblahblah
ParticipantIf anything kills the big hedge fund industry we have today, it would be if banks stopped lending them tons of money to make their bets.
They don’t need banks to loan them money anymore, they can get it directly from the US treasury with bailout after bailout. And Congress was SHOCKED when they refused to disclose where the money went.
Ever get the feeling you’ve been had?
blahblahblah
ParticipantIf anything kills the big hedge fund industry we have today, it would be if banks stopped lending them tons of money to make their bets.
They don’t need banks to loan them money anymore, they can get it directly from the US treasury with bailout after bailout. And Congress was SHOCKED when they refused to disclose where the money went.
Ever get the feeling you’ve been had?
blahblahblah
ParticipantIf anything kills the big hedge fund industry we have today, it would be if banks stopped lending them tons of money to make their bets.
They don’t need banks to loan them money anymore, they can get it directly from the US treasury with bailout after bailout. And Congress was SHOCKED when they refused to disclose where the money went.
Ever get the feeling you’ve been had?
blahblahblah
ParticipantIf anything kills the big hedge fund industry we have today, it would be if banks stopped lending them tons of money to make their bets.
They don’t need banks to loan them money anymore, they can get it directly from the US treasury with bailout after bailout. And Congress was SHOCKED when they refused to disclose where the money went.
Ever get the feeling you’ve been had?
blahblahblah
ParticipantIf anything kills the big hedge fund industry we have today, it would be if banks stopped lending them tons of money to make their bets.
They don’t need banks to loan them money anymore, they can get it directly from the US treasury with bailout after bailout. And Congress was SHOCKED when they refused to disclose where the money went.
Ever get the feeling you’ve been had?
December 11, 2008 at 8:25 AM in reply to: How will foreclosure freeze 3-6 months affect home price? #314177blahblahblah
ParticipantThe foreclosure freeze is just another market distortion that prevents participants from determining a house’s real value. E-Z Credit was the last one, now we’ll get foreclosure freezes, principal reductions, etc… on and on and on. The banks and government and of course the idiot speculators don’t want these assets to return to their real value so they will resort to ever-more exotic and weird shenanigans to prevent this from happening. These will go on as long as they can possibly get away with it. When this foreclosure freeze expires you can bet that there will be lots of pressure to extend it.
December 11, 2008 at 8:25 AM in reply to: How will foreclosure freeze 3-6 months affect home price? #314535blahblahblah
ParticipantThe foreclosure freeze is just another market distortion that prevents participants from determining a house’s real value. E-Z Credit was the last one, now we’ll get foreclosure freezes, principal reductions, etc… on and on and on. The banks and government and of course the idiot speculators don’t want these assets to return to their real value so they will resort to ever-more exotic and weird shenanigans to prevent this from happening. These will go on as long as they can possibly get away with it. When this foreclosure freeze expires you can bet that there will be lots of pressure to extend it.
December 11, 2008 at 8:25 AM in reply to: How will foreclosure freeze 3-6 months affect home price? #314567blahblahblah
ParticipantThe foreclosure freeze is just another market distortion that prevents participants from determining a house’s real value. E-Z Credit was the last one, now we’ll get foreclosure freezes, principal reductions, etc… on and on and on. The banks and government and of course the idiot speculators don’t want these assets to return to their real value so they will resort to ever-more exotic and weird shenanigans to prevent this from happening. These will go on as long as they can possibly get away with it. When this foreclosure freeze expires you can bet that there will be lots of pressure to extend it.
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