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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Ramsey Su who wrote (69021)8/29/2006 10:02:03 AM
From: russwinter  Read Replies (2) of 110194
 
There is obviously a major condo bust underway as well, which is having a major impact on both the developers and the lenders. You would never know it looking at credit spreads and financial stocks. It's almost like the Riskloves feels holding such loans is some kind of opportunity. I truly feel like Alice going down the rabbit hole on this, just too strange.
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