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Re: PatD100 post# 10

Tuesday, 05/06/2008 11:47:01 AM

Tuesday, May 06, 2008 11:47:01 AM

Post# of 57
not to defend the government by any means but wasn't the BIG problem coming from Wall Street and hedge funds loading up on these HIGH RISK packaged loans.

Sure the government could have stepped in but THE STREET shouldn't have been gobbling up these like crazy

take, Merrill Lynch right now.....that past CEO went crazy with these sub-prime loans

several banks did the same it looks like

i guess they were playing "sub-prime" musical chairs and there certainly wasn't many chairs!! lol

Risk is the name of the game. If you can control it and manipulate it, the sky is the limit.

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