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


To: Travis_Bickle who wrote (155466)10/8/2008 10:50:39 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
"I have to give Cramer credit for the "sell all insurers"

There's no telling how many of them are in the totally unregulated credit default swap market. It must have been like printing money for them to "insure" paper from prestigious investment banks without having to keep any reserve to back it.
Safe as houses!