The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (89923)	9/20/2007 12:18:17 PM
From: John Vosilla	Read Replies (1) of 306849

<<"This is a pretty blatant bailout for excessive risk-taking over the past few years," said Robert Macintosh, chief economist at Eaton Vance Management in Boston.>> This stuff is like the OJ Simpson coverage. Too much discussion over something of so little meaning..half a point does little other than help financial institutions with net interest spreads.. Sounds like a lot of people are pissed either cause they were caught short or have lots of money in interest bearing accounts.. Now if Ben takes it down to 1-2% that would be a blatant attempt at a bailout of excess risk taking..

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