Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TigerLikesRooster
CRE is just the beginning of The Great Writedown.

Burn Baby Burn

7 posted on 02/14/2010 4:42:19 AM PST by Vet_6780 ("I see debt people")
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Vet_6780
I always liked that sound of that song......not all Disco tunes, however, by any means.

Ben Ben is starting to pull the $$$ out of the scheme now, but will not accelerate the withdrawal rate until most of all the paperwork, shuffling, repositioning, is complete and ready to file for those write downs from the major players.

Can we all spell: Hypestagflation????

DO not forget January's SEC vote to allow 'money market mutual funds' to deny withdrawals even in the event of financial hardship in the event of a 'crisis'.

Funny thing, 'crisis' was never defined as to who or what constitutes 'a crisis'.

24 posted on 02/14/2010 9:08:01 AM PST by RSmithOpt (Liberalism: Highway to Hell)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson