SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 328.35+3.2%Jan 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: willcousa who wrote (38170)2/18/2008 8:48:42 AM
From: michael97123  Read Replies (1) of 95683
 
Neither the former owners or banks want to take possession on property that is less than half of its original value in places like fla, las vegas and parts of CA. There is no protection for lender or borrower when prices crash. Bet there were some naz investors who were heavily margined back in the day who wound up in the negative equity situation. That used to happen all the time in the commodities markets back in the day.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext