"The game is over”: collateralized loan obligations not wanted; record defaults loom

[ByLoSellHi]

I was referring to sandy66, not you.

Do you honestly and sincerely believe there is any daylight between what is being done now and what would have been done had Bush remained in office or McCain been elected?

Do you realize this is all a continuation of policy set in place by Bush, whom I rarely, if ever, heard you criticize?

If one wants to claim government policy is flawed, do so.

If one wants to maintain credibility, don't pretend there's any daylight between the economic policies of the GOP and Dems in matters such as these.

Quote from Fractals 'R Us:

I guess BuyLo called me a moron, well whatever...

I didn't need any reporters to tell me how bad this thing was going to be going back three years even. Just knowing how much dollar value US real estate has and the percent of subprime and Alt A is all that was necessary. 100 million homes times blah blah blah... you can do it on a Post It note. I simply told people then that IT'S BIG and not to put any more faith in the markets, go to cash, get short, learn gardening even... we don't need these reporters to tell us how bad it is or what to do. Meanwhile volatility in various markets rose and stayed high, I'd say that's a trader's paradise and if By Lo can't cash in on that and would rather post stuff all day then like I said before.... well whatever...

 

[gnome]

Quote from ByLoSellHi:

"... If one wants to maintain credibility, don't pretend there's any daylight between the economic policies of the GOP and Dems in matters such as these.

CORRECTAMUNDO!

We've had 2 general choices...(a) let the failures fail and rebuild with fresh capital, or (b) try to prevent the unwinding by throwing TONS of money at it and risk hyper-inflation, currency destruction, and bankruptcy for nearly all Americans.

Our politicos have opted for (b)... and they all deserve to be KICKED IN THE BALLS [Pelosi, included] FOR MAKING THIS CHOICE.