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


To: GraceZ who wrote (149044)9/22/2008 2:36:50 PM
From: patron_anejo_por_favorRespond to of 306849
 
>>Being a buyer of last resort has almost always ended up to be profitable<<

All depends on the terms of the deal, IMO....

If a bailout is absolutely, positively needed, it's up to government to make the best deal positive for the taxpayers. I could care less if the banksters (and Paulson) squeal their pigmen heart's out about it. If they don't like it, they should avoid putting themselves in the position where they have to ask for government help in the future.<NG>



To: GraceZ who wrote (149044)9/22/2008 2:38:42 PM
From: Jim McMannisRespond to of 306849
 
Is break even too much to ask? Of course it is.