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

To: Think4Yourself who wrote (109151)	3/11/2008 7:28:57 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

We will find out what they are worth when the credit markets unlock, which is what this program is meant to do. interesting analysis.... that we only see what they are 'worth' when the fed agrees to be the lender of last resort based on the current AAA rating... no question that the ratings are a moving target right now

To: Think4Yourself who wrote (109151)	3/11/2008 7:38:04 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

>>The securities in question are still AAA after all the downgrades so they are probably at least somewhat good.<< ROTFL, 'AAA' as brought to you by the fine folks who gave MBI and ABK that exact grade! It also remains to be seen how much this unlocks anything. We'll see who wants to toss loans out for, say, commercial construction here. The point is, a change in the system (of rampant securitization of lending) is needed, and this simply prevents that day of reckoning. Oh the stocks will move (for awhile) just like the last "creative fix" in August. Then more down and fewer bullets to manage it with. Remember, the 9 most scariest words in the English language are "I'm from the government, and I'm here to help!"

To: Think4Yourself who wrote (109151)	3/11/2008 8:24:53 PM
From: Les H	Read Replies (1) \| Respond to of 306849

Ability of Fannie and Freddie to Raise Capital Boosted by Fed's $200B Intervention, for Now biz.yahoo.com

To: Think4Yourself who wrote (109151)	3/11/2008 8:25:03 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

Ahem... regarding "AAA" Message 24391516 `BC

To: Think4Yourself who wrote (109151)	3/12/2008 7:33:11 PM
From: Pogeu Mahone	Respond to of 306849

John Q What you are forgetting is these were lower rated securities to start with then repackaged into triple AAA ratings! How did this happen? They figured they could repackage triple BBB and divide the tranches, the top tranche would rate triple A because they would cherry pick the top 10%. At the time when this first started happening (has it been 10 years of this BS?)I questioned this practice knowing it would lead to defaults. Well this little financial inovation has not stood the test of time. Do do not think your AAA means shit. History is important. One more question, after you see how many have been ass-fisted by S&P, Mooodys, why would you trust these to be kind incompetents ? ===================== The securities in question are still AAA after all the downgrades so they are probably at least somewhat good.