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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (11766)11/21/2006 10:33:24 AM
From: Rarebird  Read Replies (2) | Respond to of 219940
 
Does the Nikkei 225 look like a good short to you here?

Message 23031406



To: TobagoJack who wrote (11766)11/21/2006 12:00:08 PM
From: Box-By-The-Riviera™  Respond to of 219940
 
actually there are prosecutions taking place for sales like that. its a scam. appraise higher for the bank loan, then walk off with the difference, and default the house back to the bank.

the bank would not have given the loan knowing the kick back amount, so the bank was not told, ergo: the crime.

kinda like a buyout using debt, but its not a crime yet to leave the shareholders holding the boat after the private divvies and IPO emergence at the end game.

my my how all this stuff looks identical except for the wrapping paper.



To: TobagoJack who wrote (11766)11/21/2006 3:02:32 PM
From: Louis V. Lambrecht  Respond to of 219940
 
We will never have real estate debt engendered finacial crisis.
True.
Beyond credit commoditization, credit swap contracts, and bad debtors insurances (which are -re-insured),
we only have to watch Swiss-Re and Munich-Re to increase the premiums.
And those premiums will be re-invested in funds, feeding the market: money has to go somewhere.

When the dominos start falling, the 1929-32 period will remain as a blip in the charts, the good old days queuing for some soup, there still was soup.