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: Hawkmoon who wrote (110859)	3/17/2008 9:24:18 AM
From: Think4Yourself	Read Replies (1) of 306849

That's the cream of the crop and a lot of it doesn't meet the established rules for being investment grade. In my book that makes some of it highly speculative and the rest of it garbage. Are you interested in buying bonds where the payments are at risk and the fundamentals behind the bond are deteriorating by the day? No one wants this stuff because they know it's garbage. Wall Street ran out of suckers to sell this stuff to. The market for this stuff is not going to miraculously start back up, at least not at anywhere near current levels.

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