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


To: patron_anejo_por_favor who wrote (184608)2/18/2009 9:47:02 AM
From: Pogeu MahoneRead Replies (2) | Respond to of 306849
 
A cram down will be the end of the legal system, who will believe in contract law after that?



To: patron_anejo_por_favor who wrote (184608)2/18/2009 11:17:50 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
patron, they didn't do anything to stop the bubble, why the bust.

last time they "did something" they turned a dot com recession into a global depression.

i know, i know, they politicians will do what they do. i'm just stunned that people don't "get it."

unfortunately, they will only realize they've "gotten it" when they see they are flat broke.

wall street has been unmasked as a bunch of self serving con men who foisted fraud upon the world and who sold out company owners for a quick personal buck.

...and most folks act like this is how it should be.

i say jail time for massive fraud.