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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (54052)8/24/2009 6:56:31 PM
From: Maurice Winn2 Recommendations  Respond to of 220208
 
People did notice the credit crunch was on the way. The graphs had been soaring. Those who were surprised were surprised. Others who thought things were way out of balance were not surprised, having expected it.

The reason so many didn't notice was that they were getting lots of money for selling mortgages and if they noticed that it was risky and overpriced and in trouble, they would stop getting money.

Mqurice