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

To: Smiling Bob who wrote (154178)10/4/2008 2:19:07 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
OK here's my soundbite version of why the bailout won't work:

"It's like putting jet fuel into the gas tank of a burning wreck at the end of the runway

Feel free to use it in the next debate, Barack......<G>



To: Smiling Bob who wrote (154178)10/4/2008 2:50:59 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
have you looked at any of these specific debt instruments? I have done a hunt and peck of about 40-50 and I think they are worth more than Paulson will pay. But I would love to discuss the ins and outs with somebody interested in specifics because CDOs are not my cup of tea ordinarily. Big difference between the general mkt for real estate vs these assets that the govt will buy.


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