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Post# of 19308
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Jagman

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Jagman

Re: nlightn post# 10100

Wednesday, 08/22/2007 5:57:04 PM

Wednesday, August 22, 2007 5:57:04 PM

Post# of 19308
I wonder how this mortgage stuff got started??? Years ago one could think it was a result of mob money being laundered as in building shopping malls. Today I guess one could wonder if it started with drug money being laundered that was then followed by legit money that was forced to be competitive. I just can't come to grasp how deep pocket money could be so stupid all at once... Did low interest rates force the deep pockets to take on too much risk????

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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