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

To: tejek who wrote (168643)12/3/2008 3:04:28 PM
From: DebtBombRead Replies (2) | Respond to of 306849
 
No more !@#$ing bail-outs!



To: tejek who wrote (168643)12/4/2008 3:20:05 AM
From: RockyBalboaRead Replies (2) | Respond to of 306849
 
By many accounts, Lehman´s balance sheet was so much on pure paper (and worse and outstanding principal - unearned fees from their structures.) that it could not be reasonably saved. And actually, despite the high costs to all of us, it was a strong message to the market: We can not bail out everyone. Some pruning is necessary...you don´t feed the cancer in your body, rather have a radical surgery. Right?


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