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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Haim R. Branisteanu who wrote (64597)3/16/2007 8:22:15 AM
From: Travis_Bickle  Read Replies (2) of 116555
 
If LEND's warehouse lenders insist that it liquidate loans at a substantial loss, you have to wonder if they will provide funds to issue loans going forward at a price that will allow LEND to come close to break-even.

I.e., are they still in the business of subprime lending? NEWC is not, FMT is not. Maybe LEND is not.

Though the market loves the news.
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