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


To: patron_anejo_por_favor who wrote (86347)9/14/2007 6:51:22 PM
From: stan_hughes  Respond to of 110194
 
More than a few people believe that the big banks were quite content to sit back and funnel the money sideways through the investment brokers and then watch the unregulated mortgage companies blow themselves up so the banks could recapture the mortgage market for themselves

That theory sounds a little bit too Roswell for my taste, but I suppose nothing really big and crooked is out of the question anymore -- as you say, big bank control of the mortgage market is certainly going to be the outcome here regardless of whether or not they planned it that way