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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Bank Holding Company who wrote (100286)12/16/2008 12:29:19 PM
From: pitbull_1_us1 Recommendation  Respond to of 110194
 
Have you considered the ramifications of the losses.Do you think the problems we face today are due to the subprime losses or the losses due to the subprime losses and the value declines and settlements due to these losses and declines.I believe the alt-a,option arms and commercials are just as leveraged and wrote for and against as the subs were.(Course I could be wrong.I'm just an old carpenter-logger-saw mill worker)
Think of the equity that is in these.Yeah..There is none..Matter fact the leverage is massively underwater and multiplied even now.Wonder what it will be with the value declines coming on commercial?
Wonder who holds the bonds for them?..I don't know.Wonder who will back them?