MV Oil Trust (MVO)

[bar1080]

what should have been done? i dont recall anyone in your industry asking for tighter credit or issuing warnings about putting too much money into homes >>> LOL

How would you have reacted if your congressman started stomping to let the froth out of RE and stocks? He might as well resign on the spot.

That warning from Greenspan was from May 2005. In most places real estate and the stock market would rise for another year. I didn't detect signs of falling RE prices until spring/suumer 2006 (and that started in Florida, not around me)

So the RUBBLE group firing up in mid 2005 is impressive.