Relevant:
2010-07-28 — ml-implode.com
``Values of the equity asset have fallen more than 30 percent, but the values of the debt asset (mortgages) used to buy the equity asset (homes) have fallen two percent. Both of these investments have a right to title to the same asset, but one has fallen FIFTEEN TIMES further than the other. Is this the real world or is it make believe?''
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catherine at 00:35 2010-07-29 said:
that is sort of the same thing here, actual house values falling up to 50% BUT the government BOUGHT ALL THAT TOXIC MORTGAGE CR--AP AT 100% ON THE DOLLAR WITH OUR TAX DOLLARS from the people who wrote it..................... right :evil: :evil: :evil: Permalinkadd a comment | go to forum thread
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