Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Freedom Fighter who wrote (214510)	1/16/2003 11:04:35 AM
From: ild	Read Replies (1) of 436258

<<<tendency to spin these credit numbers in the light that is favorable to you own investment view. >>> Wayne, you are right. There is such a tendency. My view on COF is that it's a Ponzi scheme like all subprime lenders. All subprime lenders need to grow fast. When the growth stops they are toast. Like ACF today. Unfortunately I wasn't short ACF today.

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