2009-07-03ritholtz.com

"There is a kind of weird OpEd in today’s WSJ by Stan Liebowitz. The professor makes the incredible discovery that zero down payments, 100% LTV financings tend to slide in great numbers into foreclosure"



Comments:

dcd at 21:33 2009-07-04 said:
To paraphrase that infamous, murderous, kidnapping and little-known philosopher, O.J. Simpson:

"Stan, you have a firm grasp of the obvious."

Honestly, you make a living - somebody actually pays you? - pointing this kind of thing out? God bless America! Permalink

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