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


To: DebtBomb who wrote (192632)3/23/2009 1:06:18 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Wall street loves it of course....anything that sluices money from Main Street to them is great, by definition. Thus up 300 today.....

BTW, how does this all play with the Stress Tests? Do they assume a certain level of toxic asset removal? If so, do they mean a G*ddamn thing? If they were really looking out for the taxpayers, they'd put these b*tches in receivership, yesterday.....



To: DebtBomb who wrote (192632)3/23/2009 1:21:17 PM
From: PoetRead Replies (1) | Respond to of 306849
 
I wondered how long it would take for a well-regarded economist like Galbraith to speak up about Geithner's plan.

Anyone taking today's froth-a-thon as a set-up for shorting?



To: DebtBomb who wrote (192632)3/23/2009 2:50:17 PM
From: Bank Holding CompanyRead Replies (1) | Respond to of 306849
 
>> Why does Tim Geithner keep repackaging the same trash-asset-removal plan that he has been trying to get approved since last fall? <<

Who cares??? Just pile on and have fun. <G>