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

To: MulhollandDrive who wrote (151405)	9/27/2008 11:29:26 PM
From: NOW	Read Replies (1) \| Respond to of 306849

no but i think you do: here is what you quoted :"The huge European bank Fortis is apparently about to fail. The ripple effect on the American banking system could be disastrous, with bank runs, liquidity crises, and stock sell offs possible Monday. Wachovia may well fail next week. As Larry put it, this really will be 1933 soon if we don't move rapidly to stabilize the banking system." My point is, the first part is true, obviously. Not hard to know that one. doesnt mean that disaster is imminent