Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: oldirtybastard who wrote (418453)	10/19/2011 9:08:11 AM
From: AreWeThereYet	Respond to of 436258

That empty basket of BS are shared by many US citizens and Asian countries. A prize to pay for the so-called democracy.

To: oldirtybastard who wrote (418453)	10/19/2011 10:25:12 AM
From: Fiscally Conservative	Respond to of 436258

Much of what they banks could have had on their books with regard to Morgaged Packet loans was indeed gift wrapped and sold abroad. The profits generated from the sale of these pre-pack loans went right to the bottom line and actually allowed the banks to makes huge profits and the Corporate elite who managed these makes huge bonuses. This was world wide fraud. Yes, many young Mom and Pops out there are struggling with morgages they would have never received if in fact proper dul diligence was employed by the lending institutions. Due diligence was not employed because there existed a venue to sell the loans abroad!