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: ChanceIs who wrote (202910)	5/18/2009 6:17:42 PM
From: Smiling Bob	Read Replies (1) of 306849

Why are my SKF long (effectively short banks) hurting so badly. I mean for a bank bull, .... whats to like in this picture?... ...Please don't tell me that bulls are taking the gummints interference seriously. Those loans are bad. --- Because there's a big unknown, at least to the general public, as to how much of the bad debt will be transferred off the banks' balance sheets and onto the general public's. Based upon our experience with AIG, 100% is doable. Cocky banksters are basking in their glory. With the completion of this master theft of the US treasury, all those years of being the robbery victim and paying those $8 per hour rent a cops have finally reaped rewards.

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