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Political Off Topic A sub prime primer for dummies
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Author | Topic: A sub prime primer for dummies |
Larry Lord Prowler Junkie Personal ScrapBook From:Colton, CA |
posted 10-14-2008 07:44 PM
Sub-Prime for Dummies ------------------ |
Jim S POA Site Supporter Prowler Junkie From:Oak View,Ca. |
posted 10-14-2008 08:26 PM
In case you can't open Larry's, here's one thru Google. http://docs.google.com/TeamPresent?revision=_latest&fs=true&docID=ddv7hj34_03774hsc7&skipauth=true Pretty much sums it all up! |
blackcat POA Site Supporter Prowler Junkie From:atlanta, ga |
posted 10-14-2008 09:33 PM
I stole this from another site: Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide. Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank's buddies, the Wall Street criminals who stole all the good chocolates are not being investigated, arrested, or indicted. Mama always said: 'Sniff the chocolates first Forrest'. |
ALLEY CAT POA Lifetime Site Supporter Prowler Junkie From:mesa, az, USA |
posted 10-14-2008 09:49 PM
2004 > Fannie/Freddie Mac regulations/investigations were asked for. Big libs said regulations weren't needed,,,,everything was fine! (stuffing cash in their back pockets) In their own words: The Walls,,,,,,,,,,,,,,,come tumbling down,,,,,, |
dpena POA Site Supporter Administrating Kat Visit Dan's Prowler Excitement Personal ScrapBook From:San Jose Ca Santa Clara |
posted 10-15-2008 01:32 AM
Hey Larry, Here is a shorter link to the same video.... ------------------ |
dpena POA Site Supporter Administrating Kat Visit Dan's Prowler Excitement Personal ScrapBook From:San Jose Ca Santa Clara |
posted 10-15-2008 02:25 AM
Here is Larry Lords ppts on youtube http://www.youtube.com/watch?v=q8hjUei-Nwo&feature=related This message has been edited by dpena on 10-15-2008 at 02:26 AM |
dpena POA Site Supporter Administrating Kat Visit Dan's Prowler Excitement Personal ScrapBook From:San Jose Ca Santa Clara |
posted 10-15-2008 02:32 AM
This one is very well laid out. http://www.youtube.com/watch?v=wGxmgwUWNr0&watch_response |
BeWare POA Site Supporter Prowler Junkie From:Acworth , Georgia , USA |
posted 10-15-2008 09:23 AM
quote: The video has mysteriously disappear. Tghis video is no lonegr available. Go figure. |
dpena POA Site Supporter Administrating Kat Visit Dan's Prowler Excitement Personal ScrapBook From:San Jose Ca Santa Clara |
posted 10-15-2008 11:01 PM
Hi Rich, This is the video that was removed on that site http://www.youtube.com/watch?v=_MGT_cSi7Rs |
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