The perfect storm is coming with housing - rising interest rates, very loose lending standards, wild speculation, too many naive investors, corrupt lending institutions - Kinda reminds of the S&L scandal a few years back...
1 posted on
09/29/2005 5:34:24 AM PDT by
2banana
To: 2banana
Whats the difference FNMAE GNMA
I have a couple shekels in a GNMA Fund
2 posted on
09/29/2005 5:52:00 AM PDT by
CGASMIA68
To: 2banana
Whats the difference FNMAE GNMA
I have a couple shekels in a GNMA Fund
3 posted on
09/29/2005 5:52:25 AM PDT by
CGASMIA68
To: 2banana
Accounting scandals can't stay submerged forever. And usually, the longer they wait to pay the piper, the nastier the concussion.
6 posted on
09/29/2005 6:15:16 AM PDT by
Rutles4Ever
(Stuck on Genius)
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