Martin, great post. I haven't read the blog yet but I wanted to comment on one thing. According to that Credit Suisse report, 46% of Alt-A...
Pretty funny article....I read it earlier. I'm a bit confused though about how these lenders are able to authorize rate reset deferrals and such....
NEW YORK, April 4 (Reuters) - A new U.S. accounting rule that allows companies to change the way they value financial securities may have driven...
I know a number of people who've done...it's luck of the draw usually.
h hubbins, thanks for sharing, will dig into this tomorrow! :D
I watched that earlier. It's long but the gist is funny. :D
LMAO....he's not spouting off now. He's an idiot and whoever started this thread really nailed him. :D
By Jody Shenn April 4 (Bloomberg) -- Some collateralized debt obligations that invest in subprime mortgage bonds, related derivatives and other...
Oh shit! He was in the top 5 worst?! That's too funny...hopefully that schmuck will finally shut his trap. :D
It's a shame we only had Anna Nicole and this woman's madness and richly interesting past will just go unnoticed. I'd rather hear about her than...
They somehow managed to go from plunderer to philanthropist helping the poor idiots who got crappy loans! That's too funny...I didn't really...
It was clear that you were already a Zero! :D
I love how "lost money" and "not made money" are the same to your little squirrelish brain. :D Good job Veruca! p.s. Don't tell me by lose...
Great article...thanks. I'm curious why investors who were probably fed misinformation about the qualification level of the borrowers on the...
Surprise surprise...do these guys ever fucking stop?: Countrywide Financial Corp. (CFC) Chairman and Chief Executive Angelo R. Mozilo got...
Check this out: Goldman Sachs Is New Century's Largest Creditor, Times Reports By Colin Keatinge April 4 (Bloomberg) -- Goldman Sachs...
Wow, how fitting that I just see this article...it fits this thread perfectly: AN DIEGO (MarketWatch) -- Nobody knows what's really happening...
Stupid: Borrowing 95-110% of the value of a property you can't afford. Really Stupid: Lending someone that amount without checking their...
Apparently you do! :D
Thank you! I was trying to think of George Hamilton's name the other day and it was driving me mad...but I am one of those people who refuse to...
Separate names with a comma.