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he used to be at Goldman after all...

buy a company, get stuck with its decisions... http://biz.yahoo.com/ap/081006/mortgage_lawsuit.html Bank of America unit to modify loans in 11 states to help keep people in their homes SPRINGFIELD, Ill. (AP) -- Facing a lawsuit over deceptive mortgage practices, a Bank of America Corp...

well sure...after they do a quick buy then a quick dump :D Yow, Asian markets down over 4% right now...scrape the 10K mark today on the Dow if things are that rough?

one company's junk is another's soon-to-be treasure...

have a go :D

Great! What ever happened to the RTC anyway after '95? Those that forget the lessons of history...

Bloomberg update: http://www.bloomberg.com/apps/news?pid=20601087&sid=aNxXWHznfowY&refer=home

http://www.bloomberg.com/apps/news?pid=20601087&sid=awDjhtIfoz_Q

WaMu now rated junk... http://www.bloomberg.com/apps/news?pid=20601087&sid=aCbDcNYTh_cI&refer=worldwide

the ignorant, vain & stupid do!

as many in/around the company would say, or "reassure"...keep making your payments as scheduled :p

I see 11 gone this year. Integrity Bank....hahahahahaha. That hit me after about 5 seconds. "Integrity Bank, which opened for business in November of 2000, specialized in real-estate lending in the Atlanta area with a self-described "faith-based culture." Through the early part of the...

Today's NYT: http://www.nytimes.com/2008/09/07/us/07treasury.htm

hahahahahaha :D Those are the ones getting KILLED right now...still pricing homes over like it was 2004 and wondering why they sit on the MLS and not sell ;) (then reduce it 8 times..too late by then!)

Glad I'm not the only one who feels the same...although I'd love to believe otherwise, I haven't seen anything concrete to counter it.

Right. No biggie at all. The bar is being raised for standards of living. And what was supporting it before is no longer viable or as viable. It'll still come down to a certain degree as to what do YOU need to have to maintain YOUR standard of living...while at least keeping in mind the...

Bond failures are only going to make things worse...and bad investments. There have been many places over time that have been threatened with going bankrupt but have "averted" such...probably through more borrowing. If not Chapter 9, receivership at the bare least...but good luck letting...

I can only see the ones worried about losing their jobs/positions. Like any worker, regardless of what your job pays, if things don't look good and you might lose it, you'd be worried too. The rest of that bs spewed in that article...those people if it really applies are pathetic.