The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Hawkmoon who wrote (99994)	11/29/2008 12:18:24 PM
From: Jim Fleming	Read Replies (1) of 110194

hawkmoon re mortgage bonds I generally agree with your assessment of deflation winning short term. I disagree that the underlying cash flows of mortgage bonds is not in serious trouble and becoming a bigger problem as housing prices return to the norm. Some real due diligence is long overdue to evaluate the extent of the catastrophe. Jim

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