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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: reaper who wrote (174078)6/20/2002 2:43:30 PM
From: Tommaso   of 436258
 
Borrowers and lenders alike seem to be forgetting that the important part of any loan is called "principal" for a good reason.

I think that it's going to have to be the institutions that fold, because for a bank, bankruptcy means nonexistence, whereas it's just a phase of life, or will be, for a lot of individuals.

I guess that's what I think, since I am holding puts on JPM and FNM.
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