You do understand that they WS, was sly enough to bet on low end mortgages right outside of regulation?
This is what's killing everyone. Congress could not stop it once it was rolling and they understood exactly what they had coming at us.... much too late. NO regulation on WS's master derivatives plan. Sly dogs they are.
Oh well, next show. We all go broke, lose our jobs and add a few more homes to the market.
The silver lining is that our kids will now be able to afford a home in a few years.
RE agents and builders showing morons how to make a million by buying what they couldn't afford, generated this false economy that put the big crack in the wall of the dyke....next comes more 'false economy' from the feds.......applying putty.....look out below.
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