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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 (192800)3/23/2009 11:43:12 PM
From: Pogeu MahoneRead Replies (1) | Respond to of 306849
 
Then insure their new position with CDS.
Ain`t life grand?
---------------
Very easy to reach around that provision. Give a hedge fund financing with "favorable terms" and have them go and buy the toxic......or any of a million variations on this theme.

The one thing we can say for sure is that taxpayers will get hosed royally before it's done.



To: patron_anejo_por_favor who wrote (192800)3/24/2009 1:07:14 AM
From: NOWRespond to of 306849
 
reach around? their aint going to be no reach around