[patb]

if someone makes an offer at your price you will owe a
real estate commission

[patb]

The article does make a basic point.

there are different types of FB’s.

1) Speculators: Screw them, let the bank hash it out,

2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.

3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.

4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.

but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.

[patb]

The article does make a basic point.

there are different types of FB’s.

1) Speculators: Screw them, let the bank hash it out,

2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.

3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.

4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.

but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.

[patb]

The article does make a basic point.

there are different types of FB’s.

1) Speculators: Screw them, let the bank hash it out,

2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.

3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.

4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.

but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.

[patb]

The article does make a basic point.

there are different types of FB’s.

1) Speculators: Screw them, let the bank hash it out,

2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.

3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.

4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.

but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.

[patb]

The article does make a basic point.

there are different types of FB’s.

1) Speculators: Screw them, let the bank hash it out,

2) Fraudsters: If they knowingly signed false papers, took cash out, etc.
Let them foreclose.

3) Morons: FB’s who have jobs, just don’t have the DTI, or FCF. I’d rewrite
the bankruptcy laws and let the banks get cramdowns or force repo’s and
resale wiht a clean hsitory.

4) The unfortunate: People who had an unexpected setback around the
time of the reset, but would have been able to afford it otherwise.
Encourage them to do workouts with the bank, particularly via
term extensions.

but, frankly a lot of banks need to eat this paper, and along with
a lot of hedge funds, who need some serious regulation.

[patb]

This guy was fired for daring to say a recession might happen.

Bush fires anyone who disagrees with him

[patb]

This guy was fired for daring to say a recession might happen.

Bush fires anyone who disagrees with him

[patb]

This guy was fired for daring to say a recession might happen.

Bush fires anyone who disagrees with him

[patb]

This guy was fired for daring to say a recession might happen.

Bush fires anyone who disagrees with him

[patb]

This guy was fired for daring to say a recession might happen.

Bush fires anyone who disagrees with him

[patb]

i’m thankful i have a house in the midwest with a 5.625% fixed mortgage

I’m thankful i listened to the Piggingtons and didn’t go buy a condo in
DC in 2005/2006.

i’m grateful to the piggs for encouraging me to liquidate my stock positions
early this year.

I’m 80% cash.

I’m just sorry none of the piggs talked up Euro moneymarket funds,
i’ve been getting my ass poounded as the dollar caves.

[patb]

i’m thankful i have a house in the midwest with a 5.625% fixed mortgage

I’m thankful i listened to the Piggingtons and didn’t go buy a condo in
DC in 2005/2006.

i’m grateful to the piggs for encouraging me to liquidate my stock positions
early this year.

I’m 80% cash.

I’m just sorry none of the piggs talked up Euro moneymarket funds,
i’ve been getting my ass poounded as the dollar caves.

[patb]

i’m thankful i have a house in the midwest with a 5.625% fixed mortgage

I’m thankful i listened to the Piggingtons and didn’t go buy a condo in
DC in 2005/2006.

i’m grateful to the piggs for encouraging me to liquidate my stock positions
early this year.

I’m 80% cash.

I’m just sorry none of the piggs talked up Euro moneymarket funds,
i’ve been getting my ass poounded as the dollar caves.

[patb]

i’m thankful i have a house in the midwest with a 5.625% fixed mortgage

I’m thankful i listened to the Piggingtons and didn’t go buy a condo in
DC in 2005/2006.

i’m grateful to the piggs for encouraging me to liquidate my stock positions
early this year.

I’m 80% cash.

I’m just sorry none of the piggs talked up Euro moneymarket funds,
i’ve been getting my ass poounded as the dollar caves.

[Author]

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