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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: atticus4paws who wrote (149354)9/23/2008 11:33:45 AM
From: MulhollandDriveRead Replies (1) of 306849
 
so hmmmm....if the banks don't want to sell at 'fire sale' prices why don't THEY just hold to maturity?

i'm willing to go along with suspension of mark to markit rules, so they can avoid their write downs.....but of course we can make a decision as investors the value of their toxic waste....why are they holding a gun to the head of the american tax payer to buy them NOW?
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