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BullNBear52

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BullNBear52

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Re: HROLLER post# 901

Wednesday, 11/11/2009 1:35:15 PM

Wednesday, November 11, 2009 1:35:15 PM

Post# of 3390
I was in banking for 20 years before the S&L crisis cost me my job.

If you look I posted this morning about how to fix what did WAMU in.

The fact is WAMU after the S&L deregulation decided to go whole hog into home loans. So did IndyMac and CountryWide.

They all failed because they didn't spin off the loans to SIVs.

"Illegitimi non carborundum."

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