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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: pitbull_1_us who wrote (100280)12/15/2008 9:31:33 AM
From: Bank Holding Company1 Recommendation  Read Replies (1) of 110194
 
> Wait until the rest of the losses come due for the alt-a and option arm mortgage that are going to begin resetting coming early next year and peak in late 2010 and last thru 2011.Another 1-1.5 trillion losses<<

Not complete losses. When the bank forecloses they can still sell the property....eventually.
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