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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Nov 7 4:00 PM EST

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To: Ilaine who wrote (27746)	1/13/2008 11:26:31 PM
From: TobagoJack	Read Replies (3) of 217620

hello cb ilaine, attached please find round robin e-mail that is in my in-tray, both writers are your countrymen, in regard to cultural differences where it matters QUOTE On 1/14/08, Bob wrote: Cruel Jokes, and No One Is Laughing By GRETCHEN MORGENSON WHAT do banks call it when a troubled borrower abandons her home, sending them the keys? "Jingle mail." And what do they call it when an irate borrower abandons his home, yanking electrical outlets from walls, leaving faucets running and otherwise trashing it on the way out? "Taking the inside of the house with you." There's nothing like black humor to define ¡X however sadly and starkly ¡X the blows that keep on coming in this mortgage debacle. But make no mistake, lenders are only beginning to learn how to manage the onslaught of jingle mail and houses turned inside out. <snip> nytimes.com M responded, Definitely cultural differences. One person at HSBC supposedly admitted complete astonishment at the condition defaulters left their previous homes in the US. In HK, most of those that defaulted and walked away from their homes during the Asian Crisis left them in pristine condition, even going back to sweep and mop the dust upon moving out...... Makes Americans look bad in this case.. . and deservedly so.... M UNQUOTE

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