CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Galirayo who wrote (6207)	4/14/2008 7:20:39 PM
From: robert b furman	Read Replies (1) of 41419

Hi Ray I think the foreclosures need to be auctioned off asap. When the public learns there are realtor commission free deals to take advantage of there will be buyers. Buyers to buy AND BUYERS TO RENT. Much like repo's in the car business.If there is value to be had - the buyers will surface and show up. Frozen and the probl;em getting bigger and looming -is the worst scenario. Righting off the foreclosure loss is better than writing off the CDO to 20%! Get the market liquid auction them off - much like the RTC did and get it behind us. Then lets have a equity market rally!!! Bob

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