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

To: Perspective who wrote (209688)	7/8/2009 1:32:44 PM
From: Skeeter Bug	Respond to of 306849

>>A FIVE YEAR LOAN AT 3.7% ?!? These guys have NO equity and operate in a notoriously low margin business. The bankers who give low quality sweetheart deals like this should be imprisoned. And the FDIC should be all over their hides for writing garbage loans like this that will end up put to the taxpayer. If they had to arrange their financing at anything approaching a fair market rate, they'd by BK already.<< BC, that's government guaranteed under TALF, right? >>Borrowings under the Term Loan Facility << you be the banker, BC. so, how's that membership? ;-) ps - i bet the owners contribute to the democratic national party, too. -nmfg-

To: Perspective who wrote (209688)	7/8/2009 2:22:48 PM
From: James Hutton	Read Replies (1) \| Respond to of 306849

Listen to the interview with the guy winding down Lehman. It's really good. Everyone from the government on down is just kicking the can down the road.