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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (35321)6/23/2003 11:36:16 PM
From: Maurice Winn  Read Replies (1) of 74559
 
<... at some point no one can afford to make a loan, or interest rate will go up. In any case, the banks will be busy dealing with their then imploded mortgage securities.>

Ramsey Su will be drooling reading that, having been funded into QUALCOMM from his ill-gotten Savings and Loan mortgagee property selling dealings in the 1980s.

It's an ill wind that blows nobody good.

Mqurice
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