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


To: bentway who wrote (174963)1/4/2009 11:46:48 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
In 18 days you can start with the Obama pics. I can't wait.



To: bentway who wrote (174963)1/4/2009 11:49:18 AM
From: Jim McMannisRead Replies (3) | Respond to of 306849
 
Oops there goes the SIPC...don't you just love it?
-----
Bail us out, say Madoff victims

James Doran in New York The Observer, Sunday 4 January 2009

Lawyers representing the victims of Bernard Madoff's alleged $50bn fraud are calling on the US government to bail them out with billions of taxpayers' dollars.

They say the government should bolster the Securities Investor Protection Corporation, which helps creditors of collapsed brokerages.

The SIPC has little more than $1.6bn of funds and has promised $500,000 to each Madoff victim who had an account with his firm in the past 12 months. Losses in the Madoff affair are estimated to be between $30bn and $50bn. Michael Sirota, a lawyer representing KML Investments, a firm claiming to have lost $80m, said: "What if SIPC needs $15bn to compensate all the victims because this fraud is bigger than anything they imagined could happen? The government should step up with funds like it has for the banking sector and the automotive sector."

Stuart Rich, a lawyer representing seven investors who lost sums from $3m to $30m, says: "We desperately need to see the pool of assets we are working with and the pool of losses."

Madoff has presented a list of his assets to the Securities and Exchange Commission, the US market regulator, but the document remains under seal.

guardian.co.uk



To: bentway who wrote (174963)1/4/2009 5:36:04 PM
From: SchnullieRespond to of 306849
 
Habitat-for-humanity homes start to crumble"

Sometimes you can learn a lot about a person by what he doesn't say (or chooses to overlook).

San Francisco Examiner - All San Francisco news in one place

Is Jimmy Carter's Habitat for Humanity Next for a Bailout?
Carter could be looking for some handouts from somewhere if this story proves true and these lawsuits hit his charitable organization hard



To: bentway who wrote (174963)1/4/2009 8:34:13 PM
From: cougRead Replies (1) | Respond to of 306849
 
re: >>"Habitat-for-humanity homes start to crumble"<<

This "news" story is just amazing to me and shows the hypocrisy of the rw and not just the rwe, regular rwingers.. So a few homes built by PRIVATE charity are in trouble.. So HFH is being denigrated JUST because Jimmy Carter is so involved and is "sort of a public spokesman" for Habitat since he is so visible with them.. These RW hypocrites should be celebrating and cheering HFH on, FOR it is private not public or government-like help...

Isn't that is what they are always ranting about?..

About private citizens helping each other?

It is just like about the Obamas pulling themselves up by their bootstraps and then they are denigrated for it by the same bunch.. They should be cheering them on as they are always ranting about minorities not doing anything for themselves and when some rise to national prominence, they are put down just because their political views do not agree...

Thatwould be if they are serious about their rants, but they are not..:(

It is just f'ng amazing to me they don't recognize themselves for what they are..

So, how many homes built by big name private enterprise are having trouble or EVEN having to go tits up leaving the home buyer high and dry ?..

Sorry patron but it is about houses but it HAD to be said and is VERY telling...<g,ng>

I am through with it now..