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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: bentway who wrote (239236)2/24/2010 2:04:41 PM
From: LLCF of 306849
 
<Because of their success at heading off this global financial catastrophe, things seem somewhat "normal" other than the high unemployment.>

I don't think it's that simple, BUT, I DO think if steps weren't taken (by Bush as well) that EVERY MAJOR BANK would have had to go into bankrupcy due to "counterparty" agreements.

DAK
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