Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (73077)	3/26/2010 5:20:58 PM
From: Maurice Winn	1 Recommendation Read Replies (2) of 74559

Let's all give each other AAA+++ ratings and then everything will be fine. <S&P Assigns 'A+' Rating To Illinois' $300M Taxable Build Amer Bonds Series Of April 2010-1, $56 M Go Bonds, Taxable Series Of March 2010 > Obama is going to dole out another umpty$billion to "responsible" home owners. How come "responsible" mortgagors need free money? Or, more precisely, since the money will flow to the mortgagees, how come those creditors' shareholders are going to be given a huge pile of loot? Mqurice

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