Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (17980)	4/9/2002 6:33:25 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

For a high school drop out, she means that, in average, the owner gets USD34.000 using a house as a collateral. And the average value of this collateral is USD150.000. Which means -still for a dropout of the third year of high school- that lenders are feeling safer, to lend this home owner money, rather than pour money into dot.coms and CLECs. At least you can repossess a house. Besides he will be hard pressed to sell any other asset to keep a roof above him and his family. But you know, this may mean nothing for PhDs, MBAs (whom Enron was hiring a few of them every week) you know the very guys who created this collapse. So far I haven't heard of any high school drpout being ground by a Senate Commission.