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: Patricia Trinchero who wrote (151191)	9/27/2008 2:14:48 PM
From: The Reaper	Read Replies (1) of 306849

Couple of fun facts.... Bailout bill is now up to 102 pages from the original 3. Did you all know that Penny Pritzker is the national finance chair of Obama's campaign? Under Ms. Pritzker's chairmanship, the bank "embarked on a business strategy of significant growth into subprime home mortgages," according to a 2002 report by the United States Treasury Department. She's being credited with the invention of the sub-prime mortgage while she was Chairman of Superior Bank of Chicago. Superior Bank was seized by the FDIC back in 2001. Also Franklin Raines is reported by the Washington Post as to be giving advice to Barack about mortgage and housing policy matters. LOL I must be out of the loop. I didn't know who Obama had on his team.

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