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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (31040)	3/16/2008 7:13:19 PM
From: LTK007	Respond to of 217585

This is getting damned dramatic. Man if the PWG does not get this ShotGun Wedding done, the Fed and the Bush team will be left standing naked , exposed to the folly of their Save The Crooks machinations. Max

To: Snowshoe who wrote (31040)	3/16/2008 8:09:11 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217585

<<I sense a shotgun wedding...>> i sense a rape in progress

To: Snowshoe who wrote (31040)	3/16/2008 11:29:22 PM
From: Ilaine	Read Replies (1) \| Respond to of 217585

Among the Wall Street investment banks, Bear Stearns was the most closely exposed to the mortgage crisis. I believe these M-F guys invented the concept of giving "stated" (liar) loans, no money down, to grocery store clerks, landscape peons, and people who file bankruptcy every 7 (now 8) years like clockwork. All the scummiest of the subprime lenders have gone belly up. I have heard, don't have any idea whether it's true, that the state banks didn't get into this stuff, only the national banks. I do know that I am not seeing any state bank mortgages in foreclosure yet.