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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (87360)8/28/2007 8:11:52 AM
From: 10K a dayRespond to of 306849
 
Lenders were going full tilt writing ridiculous loans up until the end of Feb07. Then it took 3 months to wrap and tranch the toxic waste up until the end of [May]. (And they were left holding the bag (BK CITY) and the fed bails them out. ha ha.) What were these people thinking???