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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: saveslivesbyday who wrote (201216)5/9/2009 12:12:46 AM
From: Skeeter BugRead Replies (1) of 306849
 
saves, i'd like to save your life.

in about 3-4 weeks, all the bad assets on COF's balance sheet are going to be laundered through phony companies and end up on the public's balance sheet.

they will then have a perfect balance and a guarantee that the people of this nation will burn before COF has to eat their bad trades.

that is worth *at least* a 2x valuation over what all the other poor piker companies get that actually have to retain their losses.
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