And..........more new lows! 2007 AAA all the way down to 26. Going off a cliff. Down 50% since Sept 08. Surprising given all the talk about mark to market changes.
you guys want a real plan? this is bottom up and would work, not the top down bullshit that has been attempted with horrible results thusfar. http://www.facebook.com/home.php?#/group.php?gid=60873840982&ref=mf
Wouldn't this be the case as long as unemployment is rising? Subprime holders will avert risk of financial loss only if unemployment reverses, pressumably.