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

To: Jim McMannis who wrote (105049)2/14/2008 1:56:19 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
The general market is not appreciating the seriousness of what is happening right now. This is big, real big. All of the owners of CDO's out there are about to have their default insurance effectively disappear. CDO's are backed by mortgages, and a lot of them are subprime.



To: Jim McMannis who wrote (105049)2/14/2008 2:27:27 PM
From: patron_anejo_por_favorRespond to of 306849
 
>>The cream of the crop of course.<<

The white meat on the roadkill, as it were.....


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