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View Full Version : How subprime really works


OldPhart
02-15-2008, 07:35 PM
Great slideshow... thought everyone might enjoy this.

http://bigpicture.typepad.com/comments/2008/02/how-subprime-re.html

es347fan
02-16-2008, 02:20 AM
Tells it like it is.

paulc
02-16-2008, 02:36 AM
Interesting.
Any of you guys concerned by the White House throwing money at this problem.

The reason Im asking is that a lot of Americans dont like Government interference in such matters.

dharmabum
02-16-2008, 05:24 AM
Interesting.
Any of you guys concerned by the White House throwing money at this problem.

The reason Im asking is that a lot of Americans dont like Government interference in such matters.

Notice that you do not see any of the wealthy, conservative hedge fund managers giving back their government arranged bailout money.

They only object to government interference when it is not benefiting them.

Canadianreader
02-25-2008, 07:33 AM
I read before if a mortgage bond holder resigns then the states don't have to pay the face value of the bond if any fraud is uncovered.

Napsterbater
02-25-2008, 10:51 AM
The money industry has always stank like dead fish. That's a long time to stink.