Cityscape Financial (CTYS) Message Board

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Non-Tech : Cityscape Financial (CTYS)

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To: Zeev Hed who wrote (1671)	11/17/1997 8:15:00 PM
From: John Liu	Read Replies (2) of 2544

Just wondering if anyone have any explaination of why it seems that the whole industry(aames, mfn, ctys) is in such a slump when the economy of the U.S. is in the best shape in years and/or unemployment at less then 5% also inflation relatively low. Did all the companies management mess up or what? The Asian markets should affect them from what I can see since alot less directly then the big banks since I don't think many of these companies deal with those kinds of loans(don't have the $$$ either to do it). So what is the underlining problem and is it correctable ? John

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