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


To: inchingup who wrote (150433)9/25/2008 6:12:10 PM
From: Les HRead Replies (1) | Respond to of 306849
 
I posted this earlier in the week also.

Message 24973863

Goldman solvency in doubt + Goldman making subprime buys = system set to be rigged in their favor.



To: inchingup who wrote (150433)9/25/2008 7:33:41 PM
From: Broken_ClockRead Replies (1) | Respond to of 306849
 
What makes you think Paulson will only pay the 500k in your example. All I've heard is paying full price and keeping the asset till maturity. In that instance GS gets the 1 mil back then rebuys the same mortgage back from Paulson for 5 or 10¢ on the dollar.