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To: Shack who wrote (75371)	3/5/2001 12:04:26 AM
From: oldirtybastard	Respond to of 436258

With articles like this hitting the mainstream press, could the dimmest of the dim fund managers still think it's a good idea to by banks? Time for some reality to hit people in the head I think... nytimes.com

To: Shack who wrote (75371)	3/5/2001 2:02:10 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<We've got some brave lenders out there>> Let's see, who's doing all this mortgage lending nowadays: The originator sells the loan to Fannie Mae. They bundle and securitize it (and "insure" it) via a bankster, who sells it to your money market fund. So the ultimate lender is....the money market fund owning public! Brave? I think not, just ignorant....<NG>