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

To: neolib who wrote (229719)11/20/2009 10:33:06 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>An awful lot of them went down with their ships. What about them?<<

they were competitors to the goldman's and the jp morgans.

everyone is not in the sweet spot. most banks are getting pummeled.

do you think it is an accident that dodd's "reform" allows 50-1 leverage? he's just too dumb to know that lehman failed at 30-1. 50-1 must be better, right?

dodd is bought and paid for and goldman/jp morgan wrote that in and sent their salesman out to tout meangingless crap and hope nobody sees the 50-1 leverage.

so, when these banks collapse under 50-1 leverage and we bail them out again, it will just be an "accident," right?



To: neolib who wrote (229719)11/20/2009 10:40:52 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
btw, the bigwigs that "went down with their ships" kept $100s of millions of dollars from the bubble.

if we could all go down with the ship in the same way!



To: neolib who wrote (229719)11/20/2009 11:16:29 PM
From: NOWRespond to of 306849
 
really?


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