2013-05-17ml-implode.com

``To begin with, Tomkinson and Ashmore started to become very concerned about the housing market in 2006, but even more amazing is that they did something based on their concerns... they slashed loan originations by half to $12 billion, and cut their portfolio by 25 percent to $21 billion.  Had they not taken these steps when they did... had greed or willful blindness driven them to remain in the game so as to squeeze every dime from the marketplace until the last minutes before the meltdown... it's highly likely that would not have made it through the storm, as so many others did not.''



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