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: patron_anejo_por_favor who wrote (148088)	9/19/2008 2:00:29 PM
From: Perspective	Respond to of 306849

That would be fine with me. If we're in that deep of $hit, shut down BUYING and SELLING both - but don't just tie the hands of the bears. Shut it down for a year, for all I care. A year from now, the regional bank equity will be worthless, as they'll be charred, burned out victims of their reckless lending. RTC-II won't fix that. Hank isn't gonna give bank bagholders a free pass. He may have gotten a little panicky here, but he still isn't guaranteeing any equity. Massive capital raises will still need to be done. Retail will be gone, and commercial real estate will be smoldering wreckage. If it avoids me having to worry about my exposure while they print 20% up days on financial sector measures, shut it all down for a year. Let's square up next September...<ng> `BC