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 : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (1740)	9/30/2008 9:29:01 AM
From: Paul Kern	1 Recommendation Read Replies (2) \| Respond to of 34328

Warren Buffett, Bill Gross of PIMCO, and my friend Andy Kessler have all said this could be done without the taxpayer losing money, I don't see them buying this toxic crap. If it's such a good buy, they should be all in grabbing as much as they can before it goes up.

To: Steve Felix who wrote (1740)	9/30/2008 6:37:20 PM
From: mek42	1 Recommendation Read Replies (2) \| Respond to of 34328

Here's my humble idea to fix the mortgage crisis. Let the government wrap up all of these mortgages into one big REIT sort of thing and give each institution shares proportional to the par value held by each institution. Let the government keep like 1% profit for managing things or something and then the risk is equally spread out among everyone. No bailout, but the end result should be what is desired by creating a market for these things and setting a pricing structure.