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Sherlock356

10/22/03 9:14 PM

#163907 RE: Newly2b #163903

you got it....
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Sherlock356

10/22/03 9:15 PM

#163909 RE: Newly2b #163903

Debt does not go poof until you go bankrupt....equity goes poof very easily....
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peace_2_all

10/22/03 9:18 PM

#163911 RE: Newly2b #163903

Hi Newly, I disagree, because if the home buyer didn't put too much down payment, all he has to do is walk away when he can't pay and let the banks get stuck with it, which is what I think will happen pretty soon. If he on the other hand bought enron, he had to pay for it 100% up front and now it is worthless, totall loss while the insider who sold him the stock is having a ball in his mansion. Ask ken lay and the enron employees as to who robbed who.