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

To: energyplay who wrote (173913)12/28/2008 3:42:59 AM
From: Patricia TrincheroRespond to of 306849
 
"share the pain"

There's alot to share these days. Many dealers have declared BK already and more are on the verge. Some have just padlocked their businesses because the bleeding is getting too severe.

The lack of credit has hurt dealers badly. We know one large dealership that was asked to put up their personal assets as collateral for their " fleet credit flooring".

They closed up.



To: energyplay who wrote (173913)12/28/2008 9:57:25 AM
From: Jim McMannisRespond to of 306849
 
Here most of the commercials are for health care, lipitor, diabetes testers, plavix, colons, belly fat, artery plaque, PAD, sleep aids, flomax, cialis, viagra etc.

I guess that's where the growth industry is.

PS...cars and trucks are cheap too.


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