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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (131277)	9/20/2008 7:33:58 PM
From: robnhood	Read Replies (2) \| Respond to of 313167

I remember the S&l resolution trust. Seems to me it started out at couple of billion. Ended up at 100 billion. I'll bet the yankee taxpayer is still paying for it with interest. Anyway, better multiply any number they start at by a minimum of 10 IMHO. As an aside, I also remember that a few years later when Real Estate prices started to turn up again , they sold every last shred that they had taken on at 10cents on the dollar. The guys that got to bid and buy this stuff were the very small elite group that dumped it on the taxpayer at 100 cents on the dollar a few years previous.