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

To: average joe who wrote (81112)	10/9/2011 10:12:48 PM
From: carranza2	Read Replies (1) \| Respond to of 217544

1996 article...not current. burry owns gold, i gather.

To: average joe who wrote (81112)	10/10/2011 1:12:22 AM
From: Ilaine	Read Replies (2) \| Respond to of 217544

Deutsche Bank = Douche Bank. Morons. I represent people whose mortgages were sliced and diced and sold to Douche Bank and the like. The stories I could tell . . . but client confidentialty prohibits it. I still am seeing mortgages resetting, people totally unable to cope with having to pay not just interest but principal, after years of negative amortization owing far more than they started off with. People who owe $500K or more on properties worth less than $200K. Sometimes far less. Mortgage crisis far from over but here we are seeing buyers. In November, Fannie and Freddie are going to start hold foreclosure auctions in large hotels, not just on the courthouse steps. Virginia is a non-judicial-foreclosure state. Everybody can get out of the cold and snow, have some nice hot coffee. Auctioneers will advertise, nice color ads. I am seeing flippers, buy at foreclosure auctions, fix the property up, and flip for $25K-$50K. This is relatively new these days, although of course the same thing occurred at the last bottom, as well. The wheel ever turns. Halfway through the story about Burry, I was saying to myself, Burry seems like an Aspie to me. And I mean that in a good way. Doesn't let emotion get in the way. So not surprised by the diagnosis. The man is brilliant, with a mind like a machine. One of the heroes of our era. Husband is an Aspie. It's a fact, he doesn't hide it, but we did not know until he was diagnosed at age 50, after almost 30 years of marriage and a lot of puzzles that were finally answered by the diagnosis. I expect that a lot of Aspies were liberated by the internet. No emotion required. Husband says that computers were developed by Aspies for Aspies. Oh, in case you were wondering, I am not Aspie, myself. Very much NT (neurotypical). Just, after 32 years with an Aspie, I very much appreciate the positive aspects of Aspergers Syndrome.