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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Dan3 who wrote (91181)	10/3/2007 8:29:17 AM
From: Travis_Bickle	Read Replies (1) \| Respond to of 306849

Mozilo in July of 2006: "I've never seen a soft-landing in 53 years, so we have a ways to go before this levels out," Countrywide Chief Executive Officer Angelo Mozilo said on a Tuesday conference call. "I have to prepare the company for the worst that can happen." marinrealestatebubble.blogspot.com I don't see how that can be interpreted as anything but a "get the hell out of CFC" statement. The stock market is a game that people play at their own risk ... when the CEO tells you he is preparing for the worst that can happen, you have to weigh the possibility that the worst might actually happen.

To: Dan3 who wrote (91181)	10/3/2007 10:38:57 AM
From: John Vosilla	Respond to of 306849

A total screw job but remember J6P bought into it hook, line and sinker to support their so called 'conservative' movement that was just a phoney ownership society with debt slavery and overconsumption the end game for as many regular folks as possible. Now we have a society of 7 year stretched payment terms on low mileage SUV's, 40 year interest only mortgages on overpriced homes, credit card companies charging both late fees and interest after cutoff dates now almost impossible to meet and preteens/teens expecting mom and dad to fund all the overpriced designer label crap they see on the net and reality TV.. Donny Deutshce made an astute observation on CNBC yesterday in that the big money is following and now funding Hillary and Obama in a big way cause they want to be with the winner. In the end it isn't about red or blue but green and getting into their pockets.. Is someone today trying to get ahead better off being in London or in a large sized city in the US these days? The policies of recent years seem to be a global phenomena.. Message 23934202