Skip to comments.
Bond Manager Says Don't Bail Out Subprime
http://www.thestreet.com/s/bond-manager-says-dont-bail-out-subprime/funds/mutualfundinvesting/103764 ^
| 8-27-07
| Brett Arends
Posted on 08/27/2007 11:02:48 AM PDT by Hydroshock
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-51 next last
An interest contrast to an early posted article on a bail out of teh subprime mortgage industry.
To: Hydroshock; Moonman62; Always Right; RockinRight; ex-Texan
2
posted on
08/27/2007 11:09:22 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
How do you even attempt to bail out only the “good guys” without also bailing out “the bad guys”?
3
posted on
08/27/2007 11:09:25 AM PDT
by
Dems_R_Losers
(Thanks anyway, Nancy, but we already have a Commander-in-Chief!)
To: Dems_R_Losers
This is a call for a bankers bail out plain and simple.
4
posted on
08/27/2007 11:10:10 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
We can’t and should not bail out everyone.
5
posted on
08/27/2007 11:10:39 AM PDT
by
A CA Guy
(God Bless America, God bless and keep safe our fighting men and women.)
To: A CA Guy
6
posted on
08/27/2007 11:11:15 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: A CA Guy; All
We should not bail out *ANY*one. All it does is encourage the same, bad, irresponsible behaviour. Free market will sort it out. Those that were irresponsible will be out of business, replaced with responsible folks. And irresponsible homeowners will be replaced by responsible ones.
I see no negatives here whatsoever in letting the chips fall where the may.
7
posted on
08/27/2007 11:30:31 AM PDT
by
farlander
(Try not to wear milk bone underwear - it's a dog eat dog financial world)
To: Hydroshock
The only people who are getting burned are those who stupidly bought more house than they needed because they could get a subprime ARM and those who bought houses at artificially inflated prices hoping to flip them for twice the money in 6 months. I have little pity for either.
8
posted on
08/27/2007 11:30:57 AM PDT
by
Blood of Tyrants
(G-d is not a Republican. But Satan is definitely a Democrat.)
To: Hydroshock
I’ll look later.
I actually have LOANS to work on. ;-)
Yes, they’re all “normal” ones. ;-)
9
posted on
08/27/2007 11:31:37 AM PDT
by
RockinRight
(Fred Thompson once set fire to a crowd of liberals simply by puffing his cigar and staring real hard)
To: RockinRight
Good, glad to hear it. You know I am seeing a down turn in the economy, not hoping for it, but dreading it.
10
posted on
08/27/2007 11:33:14 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Blood of Tyrants
11
posted on
08/27/2007 11:33:55 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
More accurately, if you look at Pimco’s holding of MBS’s, much of it flirting with sub-prime or in areas where RE valuations will be impacted by sub-prime meltdowns, Gross is asking for a bailout of Pimco.
Trouble is, state legislators in places like NJ and California are talking about exactly this sort of bailout.
12
posted on
08/27/2007 11:34:21 AM PDT
by
NVDave
To: NVDave
Sadly I know, but as a Texan, if NJ and CA want to wreck their states economies for the next decade the I can not stop them.
13
posted on
08/27/2007 11:35:58 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
Your thoughts?My thought is, if other people don't have to pay their mortgages, why should I have to?
I've got other stuff to spend the money on, and if Congress is paying off, I want to get in line.
14
posted on
08/27/2007 11:37:14 AM PDT
by
Jim Noble
(Trails of troubles, roads of battle, paths of victory we shall walk.)
To: Jim Noble
I have heard that thought involving this a few times.
15
posted on
08/27/2007 11:39:36 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
Note that Bill Gross’s PIMCO total return fund is heavily, very heavily, invested in mortgage backed securities as well as Fannie May and Freddy Mac. His return has been worse than a savings account. Now he wants his fund bailed out.
To: tundra1946
17
posted on
08/27/2007 11:41:41 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: farlander
In general I agree 100% and double for those looking to get rich quick.
There was though a large chunk of people who got contracts that were not understandable by the new standards of contract law. Judges have been negating some loan contracts in SOME cases for reasonable reasons.
It’s a one case at a time, but there should be no free buy outs.
18
posted on
08/27/2007 11:43:55 AM PDT
by
A CA Guy
(God Bless America, God bless and keep safe our fighting men and women.)
To: Hydroshock
He argued that a 10% fall in prices nationwide could set off price deflation of a kind not seen since the Great DepressionI know how to prevent deflation. Cut those rates.
19
posted on
08/27/2007 11:44:07 AM PDT
by
NeoCaveman
("I mean, he's gone from Jane Fonda to Dr. Strangelove in one week." - Romney on B. Hussein Obama)
To: Dems_R_Losers
How do you even attempt to bail out only the good guys without also bailing out the bad guys?The sun shines on the just and the unjust alike.
20
posted on
08/27/2007 11:44:42 AM PDT
by
NeoCaveman
("I mean, he's gone from Jane Fonda to Dr. Strangelove in one week." - Romney on B. Hussein Obama)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-51 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson