Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (68187)	8/28/2005 6:46:06 AM
From: shades	Read Replies (1) of 74559

<Seems they got out of the mortgage business from the latest quarterly report.> Mr Phil Grandie said when the home builders start selling off thier finance divisions to the banks - it about over - cause that where the real money is - and some builder had just sold off the finance part to countrywide I think and he said it time to short them cause things must be bad. GM was not a car company anymore - the big money was in finances right? The reset button getting pushed all over now - hehe.

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