Again, you use limited metrics in your analysis. You point to several tidbits that support an argument to which you refuse to acknowledge your lack of wanting to do the additional DD and actually understand the game plan here - which by the way - most of us get - simply degrades all of your analysis.
We all know you are a smart guy, probably a very good businessman, but unless you have all the facts, all the analysis is flawed. Thats a FACT.
I suggest, from what I can see, the TOXIC deals where just a means to an ends in a vey bad lending environment. It kept the doors opened for whats coming next. Nothing more.
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