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bsrsharma
ParticipantTG,
This test, suggested by JPJones, seems interesting.
See what is selling:
Steak or hot dogs?
Crab legs or cold cuts?
Participantmost of that mess could be cleaned up by locking up two people.
SDR,
I just couldn't grasp what these folks might be doing. Could it be just mortgage fraud on the lender (pocketing kick back from seller to buyer) or is there a possibility of lender connivance too?
Participantmost of that mess could be cleaned up by locking up two people.
SDR,
I just couldn't grasp what these folks might be doing. Could it be just mortgage fraud on the lender (pocketing kick back from seller to buyer) or is there a possibility of lender connivance too?
Participantmost of that mess could be cleaned up by locking up two people.
SDR,
I just couldn't grasp what these folks might be doing. Could it be just mortgage fraud on the lender (pocketing kick back from seller to buyer) or is there a possibility of lender connivance too?
Participantwhy not bail them out like Chrysler?
For a guy of his caliber, it should be obvious. In the case of Chrysler, the federal government, DIDN'T write a check. It provided a loan guarantee so that the bankers could loan Chrysler. Here he is advocating an outright welfare dole. Chrysler's case was like building Hoover dam. There is a definite place and method to erect a dam. The housing bust is like solving global warming. No body knows what is a good solution.
Side note: Yes, the feds "bailed out" Chrysler. But look where is it now. It is still a weakling that sucked Daimler dry and is going to suck Cerberus dry. Good things rarely happen in capitalism when rowing against the current of market forces.
Participantwhy not bail them out like Chrysler?
For a guy of his caliber, it should be obvious. In the case of Chrysler, the federal government, DIDN'T write a check. It provided a loan guarantee so that the bankers could loan Chrysler. Here he is advocating an outright welfare dole. Chrysler's case was like building Hoover dam. There is a definite place and method to erect a dam. The housing bust is like solving global warming. No body knows what is a good solution.
Side note: Yes, the feds "bailed out" Chrysler. But look where is it now. It is still a weakling that sucked Daimler dry and is going to suck Cerberus dry. Good things rarely happen in capitalism when rowing against the current of market forces.
Participantwhy not bail them out like Chrysler?
For a guy of his caliber, it should be obvious. In the case of Chrysler, the federal government, DIDN'T write a check. It provided a loan guarantee so that the bankers could loan Chrysler. Here he is advocating an outright welfare dole. Chrysler's case was like building Hoover dam. There is a definite place and method to erect a dam. The housing bust is like solving global warming. No body knows what is a good solution.
Side note: Yes, the feds "bailed out" Chrysler. But look where is it now. It is still a weakling that sucked Daimler dry and is going to suck Cerberus dry. Good things rarely happen in capitalism when rowing against the current of market forces.
Participant"Write some checks, bail 'em out…
This guy is usually rational and intelligent. Is he being sarcastic? If not, I don't know what he is saying. Write a check to whom? How much? What are the sources of funds? Can "W" do it without Congress approving it?
Participant"Write some checks, bail 'em out…
This guy is usually rational and intelligent. Is he being sarcastic? If not, I don't know what he is saying. Write a check to whom? How much? What are the sources of funds? Can "W" do it without Congress approving it?
Participant"Write some checks, bail 'em out…
This guy is usually rational and intelligent. Is he being sarcastic? If not, I don't know what he is saying. Write a check to whom? How much? What are the sources of funds? Can "W" do it without Congress approving it?
ParticipantXboxBoy – Are you seeing any evidence of true homelessness? Not just people moving to lower cost area or having their investment/flipper home foreclosed.
ParticipantXboxBoy – Are you seeing any evidence of true homelessness? Not just people moving to lower cost area or having their investment/flipper home foreclosed.
ParticipantXboxBoy – Are you seeing any evidence of true homelessness? Not just people moving to lower cost area or having their investment/flipper home foreclosed.
Participant“I don’t see a light here at the moment,” Mozilo told CNBC
That is strange too. CEO of the largest mortgage lender expressing utter pessimism.
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