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: RockyBalboa who wrote (211660)	7/22/2009 6:35:11 AM
From: paul61	Read Replies (2) of 306849

JMHO: Well I heard Bernanke testify the FED has lost NO Money. Actually he did Not Buy this toxic crap - he just stored it - giving the bank/entity Time to make a profit - so THEY could write down these toxic items. Unfortunately for Ben the entities/banks are using these "profits" to pay bonuses...so the joke might be on B. Bernanke!! Although I doubt it. You know Profits - that is what companies used to use for such things as payroll/operating costs...not sure they still have them ...except at bonus time (g). Thanks for all the input. Paul

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