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

To: Giordano Bruno who wrote (113827)3/31/2008 9:53:32 PM
From: Jim McMannisRead Replies (3) | Respond to of 306849
 
Careers vanish after subprime 'free fall'
Kent and Mysti Cope were well-paid executives at subprime lenders who never thought the industry could disappear overnight. Now they're just trying to get by.

money.cnn.com



To: Giordano Bruno who wrote (113827)3/31/2008 10:01:22 PM
From: KyrosLRead Replies (3) | Respond to of 306849
 
TMA -- There will be more than 3 billion shares outstanding after all is said and done. Today's common closing price of $1.21 places a common equity value of close to $4 billion, almost four times its nominal book value as of last December. Shorting TMA common above $1 (if you can find shares to short) should be like shooting fish in a barrel.


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