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: Jim McMannis who wrote (119124)	4/29/2008 12:05:01 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

fvck him... and i mean it

To: Jim McMannis who wrote (119124)	4/29/2008 2:48:47 AM
From: Elroy Jetson	Respond to of 306849

"I think the actual price declines are bigger than the indexes are showing, since so little is being sold," Lewis Ranieri, CEO of Ranieri & Co. You probably recall this place listed for $6.99 million, on the market for one week and now already an $800k price reduction. guests.themls.com I see many millions more in price reductions in the future. The silly days are over. .

To: Jim McMannis who wrote (119124)	4/29/2008 1:01:43 PM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 306849

This will fix everything. Take that guy out an shoot him! roflmao "From mortgage brokers selling loans to home buyers to Wall Street banks who sold the securitized bundles of mortgages to investors, no one in the mortgage industry had a legal duty to work in the best financial interests of the person taking out the loan," he said. "That is in contrast to Wall Street rules on selling appropriate products to investors." "The whole system could sell (a) person the biggest investment he ever had, his house, in an inappropriate structure, and it was fine. It makes no sense. It is on its surface patently nuts," he said.