SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve harris who wrote (361022)12/2/2007 11:55:45 PM
From: tejek  Read Replies (1) of 1572086
 
The subprime problems are an ongoing mess that won't be cleaned up easily

Really?

I doubt the "mess" is as large as you "feel" it is.

Show me your vast knowledge and give us some numbers to support the size of your mess.


While its true that no one knows for certain, estimates range from $300 to 500 billion. And we know now thanks to the Citadel deal that the consolidated mess is worth about $.25 on the dollar.

Don't worry, if you can't support your "mess", I'll post the numbers to show you how small your "mess" really is.

Why don't you explain to me what you think the subprime mess is all about? And why its not that significant?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext