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To: Incitatus who wrote (68345)	8/31/2007 11:25:39 AM
From: westpacific	Respond to of 116555

No take part of the CEO of LEND s 400M in stock sales along with the other criminals and distribute it to the suckers holding CDOs. They are the ones that should be rewarded, not idiots that bought overpriced houses and are now crying. Who took risk, they both did. West

To: Incitatus who wrote (68345)	8/31/2007 3:35:45 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

How realistic is it to even think such a bill could be passed? How about implimented? Remember mortgages were sliced in tranches, further diced into packages of slices of tranches, the squared into CDO squared. So who is really holding the paper for any individual mortgage? Mish

To: Incitatus who wrote (68345)	8/31/2007 5:28:45 PM
From: John McCarthy	Read Replies (2) \| Respond to of 116555

Inc - Ain't this gonna happen no matter what? And we're just changing who the seller is? 3) Allow sellers to sell homes at any price up to 30% below what they paid for it or "adjusted for case/shiller," and the lenders are forced to accept the sales amount as payment in full. I didn't have the stomach to actually read the --PLAN-- so gotta asks .... Is the 30% LOSS something that the mortgage holder EATS or is there some kind of --INFERRED-- bailout. Just curious for thoughts .... would FDR way back when sorta kinda have taken the same approach. regards, John McCarthy