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: bentway who wrote (158736)	10/21/2008 11:40:35 AM
From: coug	Read Replies (1) of 306849

re:<<A compounding risk is the murkiness of the market, thanks to the lack of a central clearinghouse or a regulator.>> This is just amazing.. They made all these "side bets", "parlays", "office pool" type bets even WITHOUT a "bookie" (clearinghouse) involved.. And we bailed them out to the tune of one trill, so far, that is.. There is something terribly wrong with this picture..Says something about the credibility and transparency of OUR financial markets..They are always talking about other country's markets and their tranparency and credibilty.. Better start looking in the mirror..<ng> I want to be bailed out of all my losing football bets, but I'm KEEPING my winnings. <g,ng>

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