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


To: patron_anejo_por_favor who wrote (150260)9/25/2008 1:08:59 PM
From: The ReaperRespond to of 306849
 
Barney Frank says they have a deal. Let's see if everyone sells the news.



To: patron_anejo_por_favor who wrote (150260)9/25/2008 1:21:13 PM
From: XoFruitCakeRespond to of 306849
 
"Oh, Paulson's no fool. His priorities just change when it's someone else's money at risk instead of "The Firm's".....<"

heh heh, sure.. I think we should always question any official motive since they are just spending our money... So far the deals he struck are better than I thought is possible so I am more "optimistic" about his one... But may be he is just one big con and make the last one the big score.... He will be leaving town in a few months, I don't know how many auction Treasury can hold in those few months.. The new Treasury Secretary can/will change the format... It all boils down to the price that they buy up this toxic mortgage.. If the pricing is good, tax payers will make a bundle.. If not, we will loss a bundle.. I guess we, the taxpayer, just get into the hedge fund business.. Except that we don't know if the manager we hired is working for us at a modest salary or taking us out to the cleaner...