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Re: littlejohn post# 14219

Wednesday, 07/16/2008 10:51:53 PM

Wednesday, July 16, 2008 10:51:53 PM

Post# of 33753
LJ:

"Don't blame it all on the sub prime issues any more...If it had been contained to that risk then this debate would not be going on right now on this board..."

You said the same thing to me late last year and I responded then that I blame very little of the eventual collapse on subprime.

Posted by: lentinman Date: Thursday, December 06, 2007 2:07:52 AM
In reply to: littlejohn who wrote msg# 89355 Post # of 104055

LJ:

'subprime is only a small part of the overall real estate market'

I agree and expressed those relative thoughts in this post.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25063639

However, when you are on the precipice, it may not take all that many hundreds of billions of dollars to push you over.

Len


When the TA and the FA don't jibe, believe the TA. -- Dr. Ze'ev Hed


Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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