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drunkle
Participantwell, if artificially high home prices are supported, then the higher rents are also justified…
Participantwell, if artificially high home prices are supported, then the higher rents are also justified…
Participantwell, if artificially high home prices are supported, then the higher rents are also justified…
Participantsorta off topic, but…
http://news.yahoo.com/s/nm/20071108/bs_nm/morganstanley_subprime_dc_4
“The investment bank said it has reduced its net exposure to U.S. subprime debt — defined as the potential loss if all of the debt’s value were wiped out — to $6 billion as of October 31 from $10.4 billion as of August 31.
It has also reduced its total exposure to asset-backed collateralized debt obligations and related subprime debt to $9.3 billion on October 31 from $12.3 billion on August 31.”
how did they reduce their exposure? isn’t the point of the “credit crisis” and the unknown valuation of cdo’s the fact that people aren’t buying them?
how did any of the other investment banks do it? or is “reduction of exposure” a euphemism for the write downs?
edit:
or the fed accepted them as collateral?Participantsorta off topic, but…
http://news.yahoo.com/s/nm/20071108/bs_nm/morganstanley_subprime_dc_4
“The investment bank said it has reduced its net exposure to U.S. subprime debt — defined as the potential loss if all of the debt’s value were wiped out — to $6 billion as of October 31 from $10.4 billion as of August 31.
It has also reduced its total exposure to asset-backed collateralized debt obligations and related subprime debt to $9.3 billion on October 31 from $12.3 billion on August 31.”
how did they reduce their exposure? isn’t the point of the “credit crisis” and the unknown valuation of cdo’s the fact that people aren’t buying them?
how did any of the other investment banks do it? or is “reduction of exposure” a euphemism for the write downs?
edit:
or the fed accepted them as collateral?Participantsorta off topic, but…
http://news.yahoo.com/s/nm/20071108/bs_nm/morganstanley_subprime_dc_4
“The investment bank said it has reduced its net exposure to U.S. subprime debt — defined as the potential loss if all of the debt’s value were wiped out — to $6 billion as of October 31 from $10.4 billion as of August 31.
It has also reduced its total exposure to asset-backed collateralized debt obligations and related subprime debt to $9.3 billion on October 31 from $12.3 billion on August 31.”
how did they reduce their exposure? isn’t the point of the “credit crisis” and the unknown valuation of cdo’s the fact that people aren’t buying them?
how did any of the other investment banks do it? or is “reduction of exposure” a euphemism for the write downs?
edit:
or the fed accepted them as collateral?Participantsorta off topic, but…
http://news.yahoo.com/s/nm/20071108/bs_nm/morganstanley_subprime_dc_4
“The investment bank said it has reduced its net exposure to U.S. subprime debt — defined as the potential loss if all of the debt’s value were wiped out — to $6 billion as of October 31 from $10.4 billion as of August 31.
It has also reduced its total exposure to asset-backed collateralized debt obligations and related subprime debt to $9.3 billion on October 31 from $12.3 billion on August 31.”
how did they reduce their exposure? isn’t the point of the “credit crisis” and the unknown valuation of cdo’s the fact that people aren’t buying them?
how did any of the other investment banks do it? or is “reduction of exposure” a euphemism for the write downs?
edit:
or the fed accepted them as collateral?November 7, 2007 at 7:27 PM in reply to: Paranoids: Any ABC’s fearful of chinese bashing in the future? #97113Participantit’s always been like this. it will always be like this.
some areas of the country are worse than others. san diego should be ok, despite the rednecks. la and bay area would be better, but san diego is no virgina or texas.
it’s one of the reasons minority racism against other minorities is so absurd. being minorities, you have to stick together no matter what. also, to respect each other’s individual and common histories, hardships, successes…
November 7, 2007 at 7:27 PM in reply to: Paranoids: Any ABC’s fearful of chinese bashing in the future? #97175Participantit’s always been like this. it will always be like this.
some areas of the country are worse than others. san diego should be ok, despite the rednecks. la and bay area would be better, but san diego is no virgina or texas.
it’s one of the reasons minority racism against other minorities is so absurd. being minorities, you have to stick together no matter what. also, to respect each other’s individual and common histories, hardships, successes…
November 7, 2007 at 7:27 PM in reply to: Paranoids: Any ABC’s fearful of chinese bashing in the future? #97185Participantit’s always been like this. it will always be like this.
some areas of the country are worse than others. san diego should be ok, despite the rednecks. la and bay area would be better, but san diego is no virgina or texas.
it’s one of the reasons minority racism against other minorities is so absurd. being minorities, you have to stick together no matter what. also, to respect each other’s individual and common histories, hardships, successes…
November 7, 2007 at 7:27 PM in reply to: Paranoids: Any ABC’s fearful of chinese bashing in the future? #97192Participantit’s always been like this. it will always be like this.
some areas of the country are worse than others. san diego should be ok, despite the rednecks. la and bay area would be better, but san diego is no virgina or texas.
it’s one of the reasons minority racism against other minorities is so absurd. being minorities, you have to stick together no matter what. also, to respect each other’s individual and common histories, hardships, successes…
November 7, 2007 at 3:01 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #96879Participanthold your euros for another year, rent in the meantime. when your euros convert to 1 mil usd, you can buy whatever you want and not worry about it. plus, prices will be down even more by then so you get a double bonus.
btw, do you still get paid in euros?
November 7, 2007 at 3:01 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #96944Participanthold your euros for another year, rent in the meantime. when your euros convert to 1 mil usd, you can buy whatever you want and not worry about it. plus, prices will be down even more by then so you get a double bonus.
btw, do you still get paid in euros?
November 7, 2007 at 3:01 PM in reply to: Expatriate from France to San Diego. Where and when to buy a home? #96952Participanthold your euros for another year, rent in the meantime. when your euros convert to 1 mil usd, you can buy whatever you want and not worry about it. plus, prices will be down even more by then so you get a double bonus.
btw, do you still get paid in euros?
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