A Meritless Market Surge
Hand em a dime bag Hanky... A surge on irrational exuberance over a merit less "socialization of losses" that will fail miserably and has not one ounce of common sense.
Markman wonders: Is it really a good idea to provide a bailout and easy money to borrowers and lenders that got into trouble by abusing easy money in the first place?
Lower risk premiums for sinking assets? S&P said modifications to the loans will mean reduced payments available to investors.
This may lead to ratings cuts on some mortgage bonds and higher borrowing costs as investor risk premiums rise.
Florida Frozen Pool Draining... Schools and towns in a Florida fund that lost almost half its assets to withdrawals last month pulled out another $1.2 billion today when the state lifted a freeze on their accounts.
2010: A Housing Odyssey... Moody's reports no housing upturn till 2010 and 30% price declines.
Markman wonders: Is it really a good idea to provide a bailout and easy money to borrowers and lenders that got into trouble by abusing easy money in the first place?
Lower risk premiums for sinking assets? S&P said modifications to the loans will mean reduced payments available to investors.
This may lead to ratings cuts on some mortgage bonds and higher borrowing costs as investor risk premiums rise.
Florida Frozen Pool Draining... Schools and towns in a Florida fund that lost almost half its assets to withdrawals last month pulled out another $1.2 billion today when the state lifted a freeze on their accounts.
2010: A Housing Odyssey... Moody's reports no housing upturn till 2010 and 30% price declines.
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