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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (256346)6/23/2010 4:40:36 PM
From: BWACRead Replies (4) of 306849
 
Just cut to the chase with the banksters. All the pretending needs to stop. They are bankrupt, just like their customers are. All the pretending in the world isn't going to get the banksters paid. Wipe the unsecured consumer debt away. Wipe the under water mortgages and 2nd mortgages away. Its worthless anyway in this environment. All of it is worthless. Simple as that.

Anything beyond that is just pretending.

Or just force the banksters to write the debt down to its recoverable value. Zero is zero. And bankrupt is bankrupt. Let the banksters join the rest of the world they created.
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