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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (36026)	7/14/2005 3:22:17 PM
From: John Vosilla	Respond to of 110194

Excellent observation.

To: Wyätt Gwyön who wrote (36026)	7/14/2005 3:58:05 PM
From: NOW	Respond to of 110194

sign me up!

To: Wyätt Gwyön who wrote (36026)	7/14/2005 4:30:24 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

so, is there anything in the negam program which prevents this kind of thing from happening? Yes but its not a negam program. This legislation takes affect in October globaleconomicanalysis.blogspot.com Is the game to hold everything up until then? It will be very hard to just hand over the keys after this goes into affect IMO. Mish

To: Wyätt Gwyön who wrote (36026)	7/14/2005 4:32:45 PM
From: ild	Respond to of 110194

The only condition is to have above average FICO score. EDIT: It looks everything the banks do is based on FICO score which generates fees to FIC. When SHTF will FIC be a good short?

To: Wyätt Gwyön who wrote (36026)	7/14/2005 5:44:36 PM
From: Mike Johnston	Respond to of 110194

so, is there anything in the negam program which prevents this kind of thing from happening? Why would you want to prevent this from happening ? All i see is positives. Everybody wins. Economy is stimulated, seller of the house gets a nice chunk of change, so does real estate and mortgage broker, furniture store etc, you have one less family living in poverty, government collects more taxes and on and on. If the market goes up another millionaire is created, if he declares bankruptcy, he would not complain, he lived well for a few years. And the lender will come out OK in the end too, the Fed will simply print the money to cover the loss.