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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (39499)8/29/2005 12:46:34 AM
From: Lizzie TudorRead Replies (2) of 306849
 
Lets put it this way, AETHER which was a telecom company working in wireless networking changed their corporate business plan to MORTGAGED BACKED SECURITIES as soon as it became more profitable to be in mortgage backed securites than anywhere else. Mortgage backed securities are a nonproductive business. This is NOT the kind of thing you want to see in a good economy. The capital should have stayed in wireless networking where who knows, they may have invented something. The mortgage market sucked the money away.
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