Forum Replies Created
-
AuthorPosts
-
December 1, 2007 at 8:37 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #106930December 1, 2007 at 8:37 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #107026
capeman
ParticipantThis won’t affect much but try to simulate slow decline in the value of the MBS securities carrying these mortgages. In the background their value will crater until the music stops and bond bagholders realize they are still only holding a bag of flaming poo.
December 1, 2007 at 8:37 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #107059ParticipantThis won’t affect much but try to simulate slow decline in the value of the MBS securities carrying these mortgages. In the background their value will crater until the music stops and bond bagholders realize they are still only holding a bag of flaming poo.
December 1, 2007 at 8:37 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #107068ParticipantThis won’t affect much but try to simulate slow decline in the value of the MBS securities carrying these mortgages. In the background their value will crater until the music stops and bond bagholders realize they are still only holding a bag of flaming poo.
December 1, 2007 at 8:37 PM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #107088ParticipantThis won’t affect much but try to simulate slow decline in the value of the MBS securities carrying these mortgages. In the background their value will crater until the music stops and bond bagholders realize they are still only holding a bag of flaming poo.
ParticipantJust means that Satan is coming to drag them down… down… down…
ParticipantJust means that Satan is coming to drag them down… down… down…
ParticipantJust means that Satan is coming to drag them down… down… down…
ParticipantJust means that Satan is coming to drag them down… down… down…
ParticipantJust means that Satan is coming to drag them down… down… down…
ParticipantRight! I don’t know how many times I’ve heard rumors of anywhere from China to Warren Buffet trying to buy a stake in Bear Stearns, homebuilders and even Countrywide. All of those companies are turds and all of the rumors have yet to materialize into anything. Funny how the rumors come when the US markets are getting hit and bloodied.
If China wants to buy a company that has been selling them 100s of billions in bad paper they can be my guest!
ParticipantRight! I don’t know how many times I’ve heard rumors of anywhere from China to Warren Buffet trying to buy a stake in Bear Stearns, homebuilders and even Countrywide. All of those companies are turds and all of the rumors have yet to materialize into anything. Funny how the rumors come when the US markets are getting hit and bloodied.
If China wants to buy a company that has been selling them 100s of billions in bad paper they can be my guest!
ParticipantI believe he has set up some kind of automatic faxing program but needless to say each signature equals one fax to the receiving parties. It’s a pretty potent way to do a petition and KD is paying the costs involved so he is putting his money where his mouth is.
ParticipantI believe he has set up some kind of automatic faxing program but needless to say each signature equals one fax to the receiving parties. It’s a pretty potent way to do a petition and KD is paying the costs involved so he is putting his money where his mouth is.
ParticipantRightly so, but at this point one big bank failure might do the job. 😉
-
AuthorPosts
