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February 4, 2009 at 10:19 PM in reply to: Carl DeMaio – Six Figure Salaries Soar in City Workforce – Up 44% in One Year #341562January 28, 2009 at 10:59 PM in reply to: Soros using the “D” Word, profited from fall in the pound….proposes a “Good bank” instead of “Bad bank” #337931
jonnycsd
ParticipantShort sellers don’t create problems, they just expose mispricing and help it correct more quickly. Shorts contribute to market efficiency. If they don’t then they quickly loose thier capital and are out of business.
As for the bad bank idea, here is a pretty simple explanation. The idea has been around for a very long time.
http://www.businessweek.com/magazine/content/09_06/b4118000045375.htm
Good luck.
January 28, 2009 at 10:59 PM in reply to: Soros using the “D” Word, profited from fall in the pound….proposes a “Good bank” instead of “Bad bank” #338260ParticipantShort sellers don’t create problems, they just expose mispricing and help it correct more quickly. Shorts contribute to market efficiency. If they don’t then they quickly loose thier capital and are out of business.
As for the bad bank idea, here is a pretty simple explanation. The idea has been around for a very long time.
http://www.businessweek.com/magazine/content/09_06/b4118000045375.htm
Good luck.
January 28, 2009 at 10:59 PM in reply to: Soros using the “D” Word, profited from fall in the pound….proposes a “Good bank” instead of “Bad bank” #338354ParticipantShort sellers don’t create problems, they just expose mispricing and help it correct more quickly. Shorts contribute to market efficiency. If they don’t then they quickly loose thier capital and are out of business.
As for the bad bank idea, here is a pretty simple explanation. The idea has been around for a very long time.
http://www.businessweek.com/magazine/content/09_06/b4118000045375.htm
Good luck.
January 28, 2009 at 10:59 PM in reply to: Soros using the “D” Word, profited from fall in the pound….proposes a “Good bank” instead of “Bad bank” #338381ParticipantShort sellers don’t create problems, they just expose mispricing and help it correct more quickly. Shorts contribute to market efficiency. If they don’t then they quickly loose thier capital and are out of business.
As for the bad bank idea, here is a pretty simple explanation. The idea has been around for a very long time.
http://www.businessweek.com/magazine/content/09_06/b4118000045375.htm
Good luck.
January 28, 2009 at 10:59 PM in reply to: Soros using the “D” Word, profited from fall in the pound….proposes a “Good bank” instead of “Bad bank” #338473ParticipantShort sellers don’t create problems, they just expose mispricing and help it correct more quickly. Shorts contribute to market efficiency. If they don’t then they quickly loose thier capital and are out of business.
As for the bad bank idea, here is a pretty simple explanation. The idea has been around for a very long time.
http://www.businessweek.com/magazine/content/09_06/b4118000045375.htm
Good luck.
ParticipantCredit card issuers are as stupid as the OP contends. Not becuase they (wisely) reduced the credit limit on the B&N card but because the other company lent $50K, unsecured, at an interest rate of ZERO. Morons, even if they have some model that forecasts a profit once the introductory teaser rate is replaced by a new rate.
For the OP, you can still buy the same amount of stuff with the BN card and get your rewards, you just have to pay it off, say, every week.
ParticipantCredit card issuers are as stupid as the OP contends. Not becuase they (wisely) reduced the credit limit on the B&N card but because the other company lent $50K, unsecured, at an interest rate of ZERO. Morons, even if they have some model that forecasts a profit once the introductory teaser rate is replaced by a new rate.
For the OP, you can still buy the same amount of stuff with the BN card and get your rewards, you just have to pay it off, say, every week.
ParticipantCredit card issuers are as stupid as the OP contends. Not becuase they (wisely) reduced the credit limit on the B&N card but because the other company lent $50K, unsecured, at an interest rate of ZERO. Morons, even if they have some model that forecasts a profit once the introductory teaser rate is replaced by a new rate.
For the OP, you can still buy the same amount of stuff with the BN card and get your rewards, you just have to pay it off, say, every week.
ParticipantCredit card issuers are as stupid as the OP contends. Not becuase they (wisely) reduced the credit limit on the B&N card but because the other company lent $50K, unsecured, at an interest rate of ZERO. Morons, even if they have some model that forecasts a profit once the introductory teaser rate is replaced by a new rate.
For the OP, you can still buy the same amount of stuff with the BN card and get your rewards, you just have to pay it off, say, every week.
ParticipantCredit card issuers are as stupid as the OP contends. Not becuase they (wisely) reduced the credit limit on the B&N card but because the other company lent $50K, unsecured, at an interest rate of ZERO. Morons, even if they have some model that forecasts a profit once the introductory teaser rate is replaced by a new rate.
For the OP, you can still buy the same amount of stuff with the BN card and get your rewards, you just have to pay it off, say, every week.
ParticipantRegardless of how you “feel” about the situation, the equity loans will be full recourse against the borrower. Many lenders will “get what they can” in a short sale, then pursue the seller for the deficency balance. Tactics include wage garnishments and leins against any assets they can find.
The “non-recourse” loans mentioned in an earlier post only apply when the loan proceeds are used to purchase or improve (renovation or additions) the property.
This borrower is not out of the woods yet.
ParticipantRegardless of how you “feel” about the situation, the equity loans will be full recourse against the borrower. Many lenders will “get what they can” in a short sale, then pursue the seller for the deficency balance. Tactics include wage garnishments and leins against any assets they can find.
The “non-recourse” loans mentioned in an earlier post only apply when the loan proceeds are used to purchase or improve (renovation or additions) the property.
This borrower is not out of the woods yet.
ParticipantRegardless of how you “feel” about the situation, the equity loans will be full recourse against the borrower. Many lenders will “get what they can” in a short sale, then pursue the seller for the deficency balance. Tactics include wage garnishments and leins against any assets they can find.
The “non-recourse” loans mentioned in an earlier post only apply when the loan proceeds are used to purchase or improve (renovation or additions) the property.
This borrower is not out of the woods yet.
ParticipantRegardless of how you “feel” about the situation, the equity loans will be full recourse against the borrower. Many lenders will “get what they can” in a short sale, then pursue the seller for the deficency balance. Tactics include wage garnishments and leins against any assets they can find.
The “non-recourse” loans mentioned in an earlier post only apply when the loan proceeds are used to purchase or improve (renovation or additions) the property.
This borrower is not out of the woods yet.
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