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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: regli who wrote (36039)7/14/2005 8:12:52 PM
From: Roads End  Read Replies (1) of 110194
 
Building materials, about 80% into residential construction. Residential construction has practically zero barrier to entry at every trade involved so you end up with a lot of independent contractors that are always one payday from banko. This new law will make it tougher for these guys to bail out so we are waiting till the law takes affect to start the pressure on the ones 90 days out, I.E. liens.
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