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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (379)10/22/2000 7:58:42 PM
From: Jack HartmannRead Replies (1) | Respond to of 24758
 
Thus, there was no net.

OK. I agree with that statement.

Who gained and who lost?

I would say I didn't gain from the collapse. If the bailout didn't occur, there would have been S&L closures. Some of the people who profited were builders and property developers who were paid (handsomely) even those their projects of condos and other buildings went uncompleted.

Jack