SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (39687)12/17/2009 2:08:54 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "It didn't take off like a rocket in the private sector, until"

Until it DID.

Until the opportunity to MASSIVELY PROFIT by massaging sub-prime paper and 'magicly' turning it into triple A paper became obvious to Wall Street.

Re: "until the government set up the reserve requirements in such a way as to give a big advantage to securitized packages of loans over "hold you own" loans."

I haven't a CLUE what you are talking about with that last one.

Can you give an EXAMPLE of "how reserve requirements were modified to benefit securitization over 'hold your on' loans"?????????????????????????
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext