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

To: Paul Kern who wrote (83965)	7/20/2007 6:12:18 PM
From: shades	Respond to of 110194

So we get the gubbment to protect dumb people and investors who should have known better - so much for letting the free market and wall street determine where the money should go. Kudlow should be crying at this news eh? ``It is terribly important that we do not have bailouts,' Poole told reporters. ``If you make some bad bets, you take these losses. That is what investors in these hedge funds should be aware of.' All I heard for years was that the fed will bail us out.

To: Paul Kern who wrote (83965)	7/20/2007 7:07:36 PM
From: LTK007	Read Replies (2) \| Respond to of 110194

Poole knows nada evidently about the many huckster sales people hustling these loans and the devious devices they use to get a signature. Now Poole probably thinks these greed cons are good decent people,cripes! Bernanke is supporting a law be made that in IN BOLD FACE frontal page states EXACTLY what the signers are really signing(this NOT remotely the case now.) Bernanke also wants the language to be NOT written in legalize mumbo jumbo.i applaud Bernanke for wanting this done and challenging the congress to get the law passed.. Max