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


To: paul61 who wrote (211664)7/22/2009 6:40:13 AM
From: RockyBalboaRead Replies (1) | Respond to of 306849
 
Yes but if those entities do not survive - see CIT? And secondly he gave them a lot of money; and at the time likely negative haircuts considering the quality of those assets.

Like a huge SIV, a bad bank, federally sponsored who takes all the crap.



To: paul61 who wrote (211664)7/22/2009 7:35:50 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Ben's a simple man with simple means who lives by a simple credo... "There's plenty more where that came from."