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: Pogeu Mahone who wrote (85095)	8/15/2007 10:36:39 AM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

'Do you really believe if you overpay by 50%, you are not in trouble?' Were they really doing a lot of no down in Europe too? Seems to me the financial institutions are the ones in the most trouble. Those who bought a long time ago sitting pretty or soaked all the equity out of it and partied like 1999. Those who bought at high bubble prices without any cash lose little too.. Tranches above 60% LTV total losers for holders of that paper which sent Wall Street into a panic..

To: Pogeu Mahone who wrote (85095)	8/15/2007 12:58:14 PM
From: bart13	Read Replies (2) \| Respond to of 110194

Do you really believe if you overpay by 50%, you are not in trouble? Slightly more sane banking/mortage setup? You are kidding yourself. Do you really believe that I'm talking about the housing bubble or individuals being in trouble? You are kidding yourself... or worse. This is the third time I've said "wasn't talking about the housing bubble though, but rather about a slightly more sane banking/mortgage setup without all the packaging and tranches etc. etc."