Just the Facts, Ma'am: A Compendium of Liberal Fiction Message Board

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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: sandintoes who wrote (62056)	8/21/2007 5:00:38 PM
From: Lazarus_Long	Read Replies (1) of 90947

If you know the answer to that, there are lots of people who will pay large sums for it. It's worth millions, easily. You can't tell, at least from published data. finance.yahoo.com The bad loans are in those "Long Term Investments". How much of that is good and how much bad? Even if you knew the name of ever borrower thay had, you's still end up guessing as to who would go under and who wouldn't. Countrywide has 1/5 of the mortgage market. Millions of loans. How do you find the time to examine each in detail. THEY don't know. Here's there last 4 quarters of income. finance.yahoo.com Looks good, right? What do you think the next will look like? Here's a red flag: finance.yahoo.com There cash flow on current activity is negative and getting worse. "While 43 states experienced year-over-year increases in foreclosure activity, just five states -- California, Florida, Michigan, Ohio and Georgia -- accounted for more than half of the nation's total foreclosure filings," biz.yahoo.com You made the Dishonor Roll.

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