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To: yard_man who wrote (220333)2/11/2003 11:48:37 AM
From: Roads End  Read Replies (1) | Respond to of 436258
 
Schumer just nailed Greenjeans. ROTFLMAO



To: yard_man who wrote (220333)2/11/2003 12:15:16 PM
From: Tom M  Respond to of 436258
 
Tip/all, how do you see the spin justifying a FNM & FRE bailout of mortgages granted for properties valued at multiples of their original assessed values and costs to rebuild? As a taxpayer and voter (I can feel them shaking now <g/ng>) the obviousness of the abuses are too hard to swallow - unless it's while the system gets fixed so it can't happen again and abusers go to jail. We never get a say in shit. What a farce.

Seriously how do you (or anyone) see the mechanics of them disposing of paper securitized by assets worth 50% & less? What's a realistic time table for the mortgagees to start letting FNM & FRE just keep it? Any thoughts on what the bailout may look like?



To: yard_man who wrote (220333)2/11/2003 2:00:43 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
final chapter

msnbc.com



To: yard_man who wrote (220333)2/11/2003 2:15:03 PM
From: MythMan  Read Replies (1) | Respond to of 436258
 
this was funny...

>>1:30PM: The SOX semiconductor index is up 1.1% today to 268.55 ahead of Applied Materials' (AMAT 11.97 -0.08) earnings report due after the close, despite the fact that AMAT is down, and despite the fact that Goldman Sachs this morning put out a report that says their survey suggests a 10% drop in technology spending in 2003...yet, it is the semiconductors that are leading the Nasdaq higher today, <<

it looks like it won't end up. Traders sucking folks in.