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March 30, 2008 at 8:37 PM in reply to: “ATTENTION PEOPLE OF PHILADELPHIA – YOU NO LONGER HAVE TO PAY YOUR MORTGAGES! “ #179047March 30, 2008 at 8:37 PM in reply to: “ATTENTION PEOPLE OF PHILADELPHIA – YOU NO LONGER HAVE TO PAY YOUR MORTGAGES! “ #178969pka4lifParticipant
If the Sherriff doesn’t evict people what are the banks going to do?
March 30, 2008 at 8:37 PM in reply to: “ATTENTION PEOPLE OF PHILADELPHIA – YOU NO LONGER HAVE TO PAY YOUR MORTGAGES! “ #178960pka4lifParticipantIf the Sherriff doesn’t evict people what are the banks going to do?
March 30, 2008 at 8:37 PM in reply to: “ATTENTION PEOPLE OF PHILADELPHIA – YOU NO LONGER HAVE TO PAY YOUR MORTGAGES! “ #178953pka4lifParticipantIf the Sherriff doesn’t evict people what are the banks going to do?
March 30, 2008 at 8:37 PM in reply to: “ATTENTION PEOPLE OF PHILADELPHIA – YOU NO LONGER HAVE TO PAY YOUR MORTGAGES! “ #178592pka4lifParticipantIf the Sherriff doesn’t evict people what are the banks going to do?
pka4lifParticipantPoint of Clarification: Bank of America bought $2 billion worth of a prefferred convertible shares. If memory serves, there is something else in the deal that says that if CFC goes under, they get first dibs on their mortgage servicing biz. (A still very, very profitable arm of this company.) Its also a purchase of a new issue of stock. This is relavent as it helps make sure they have adequate liquidity. All of the money will go straight to CFC’s checking account. (So to speak!) There are more relavent details that I can’t seem to find on the net right now. (And its time for sleep!) But I thought I would point out this was not just a regular market purchase; but, much more multi-faceted than that.
So you don’t think I’m a biased CFC or BAC employee I’ll post my favorite joke that was recently found on the doors of several Countrywide offices….
***Warning: Angelo Mozillo is Orange and Dangerous!***
pka4lifParticipantPoint of Clarification: Bank of America bought $2 billion worth of a prefferred convertible shares. If memory serves, there is something else in the deal that says that if CFC goes under, they get first dibs on their mortgage servicing biz. (A still very, very profitable arm of this company.) Its also a purchase of a new issue of stock. This is relavent as it helps make sure they have adequate liquidity. All of the money will go straight to CFC’s checking account. (So to speak!) There are more relavent details that I can’t seem to find on the net right now. (And its time for sleep!) But I thought I would point out this was not just a regular market purchase; but, much more multi-faceted than that.
So you don’t think I’m a biased CFC or BAC employee I’ll post my favorite joke that was recently found on the doors of several Countrywide offices….
***Warning: Angelo Mozillo is Orange and Dangerous!***
pka4lifParticipantPoint of Clarification: Bank of America bought $2 billion worth of a prefferred convertible shares. If memory serves, there is something else in the deal that says that if CFC goes under, they get first dibs on their mortgage servicing biz. (A still very, very profitable arm of this company.) Its also a purchase of a new issue of stock. This is relavent as it helps make sure they have adequate liquidity. All of the money will go straight to CFC’s checking account. (So to speak!) There are more relavent details that I can’t seem to find on the net right now. (And its time for sleep!) But I thought I would point out this was not just a regular market purchase; but, much more multi-faceted than that.
So you don’t think I’m a biased CFC or BAC employee I’ll post my favorite joke that was recently found on the doors of several Countrywide offices….
***Warning: Angelo Mozillo is Orange and Dangerous!***
pka4lifParticipantPoint of Clarification: Bank of America bought $2 billion worth of a prefferred convertible shares. If memory serves, there is something else in the deal that says that if CFC goes under, they get first dibs on their mortgage servicing biz. (A still very, very profitable arm of this company.) Its also a purchase of a new issue of stock. This is relavent as it helps make sure they have adequate liquidity. All of the money will go straight to CFC’s checking account. (So to speak!) There are more relavent details that I can’t seem to find on the net right now. (And its time for sleep!) But I thought I would point out this was not just a regular market purchase; but, much more multi-faceted than that.
So you don’t think I’m a biased CFC or BAC employee I’ll post my favorite joke that was recently found on the doors of several Countrywide offices….
***Warning: Angelo Mozillo is Orange and Dangerous!***
pka4lifParticipantPoint of Clarification: Bank of America bought $2 billion worth of a prefferred convertible shares. If memory serves, there is something else in the deal that says that if CFC goes under, they get first dibs on their mortgage servicing biz. (A still very, very profitable arm of this company.) Its also a purchase of a new issue of stock. This is relavent as it helps make sure they have adequate liquidity. All of the money will go straight to CFC’s checking account. (So to speak!) There are more relavent details that I can’t seem to find on the net right now. (And its time for sleep!) But I thought I would point out this was not just a regular market purchase; but, much more multi-faceted than that.
So you don’t think I’m a biased CFC or BAC employee I’ll post my favorite joke that was recently found on the doors of several Countrywide offices….
***Warning: Angelo Mozillo is Orange and Dangerous!***
pka4lifParticipantKiyosaki had a definition I liked. (Love him or hate him!) It was that being wealthy meant you could cover all of your expenses with income from your assets. This mean that you simply had positive free cash flow now and forever if you lived at your current means or below.
The great thing about this definition is that it is all relative. It takes into account what money is really meant to provide, a means to an end. If you have enough means to meet your ends, and you don’t have to work to do it…that is wealthy!
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