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

To: mishedlo who wrote (41924)	9/20/2005 4:12:44 PM
From: Canuck Dave	Respond to of 110194

More and more creatively exotic loan devices I would expect. I saw a blog a few weeks ago where some bank offered merged mortgage and bank accounts. The loan is ARM, interest only. The owner's paycheck gets directly deposited to the account, but he or she can use their ATM card for expenses. Sounds pretty good to me. I'll give you a job if you give me a job (remember when DotComs were ordering from each other and both booking "revenues" to the current quarter?). It's typical behavior at the late stages of a credit boom. As long as "money" is being created, everything is just fine. CD