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Post# of 36150
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Re: RCKS post# 34307

Sunday, 04/06/2008 10:53:48 PM

Sunday, April 06, 2008 10:53:48 PM

Post# of 36150
"which is a long way from being done"

You got that right. I have a friend who is responsible for a large portfolio of commercial real estate for a regional bank. He handles the forclosures on these properties.

He told me his bank has A LOT of sub-prime loans outstanding.

The FED can try and bail out the banks, but eventually, it'll be time to pay the piper.
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