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PCG111111 (November 30, 1999 at 12:00 am)
@sha370z They're sub-prime so they generally didn't have good credit.
sha370z (November 30, 1999 at 12:00 am)
how can you have good credit when loan is $780,000
mihaionescuDeo (November 30, 1999 at 12:00 am)
Try also reanalyzers com
imyourlinkdotcom (November 30, 1999 at 12:00 am)
did anyone watch inside job?
kinkokonko (November 30, 1999 at 12:00 am)
@evilclown99 I expect if you have a bunch of CDOs on your book and no one will buy them unless you are paying 30% you'd be quite fked as an investment bank.
kinkokonko (November 30, 1999 at 12:00 am)
@tinarousseau I think you need to read what a Ponzi scheme is before making this inaccurate comparison
evilclown99 (November 30, 1999 at 12:00 am)
How they hell does the yield on the BBB- go from 7.75% to 30% ? That's a gain not a loss. How is that a blow up?
mrgetrealpeople (November 30, 1999 at 12:00 am)
@greenback001 The law Clinton sign was The Gramm--Leach--Bliley Act (GLB), also known as the Financial Services Modernization Act of 1999, (Pub.L. 106-102, 113 Stat. 1338, enacted November 12, 1999 please tell me what party the sponsors of this law were? Gramm--Leach--Bliley. And how many democratic Senator's voted for it?
pureperil (November 30, 1999 at 12:00 am)
@tinarousseau this is nothing like a ponzi scheme. you obviously know nothing about structured finance.
thodal2000 (November 30, 1999 at 12:00 am)
disinfo piece. The MBS where never actually filled with anything. They are now being filled retroactively with non-performing mortages. That's why you have all the false paperwork with no on knowing who one's what. You can't own a "piece" of a promissory note unless it has multiple payees on it and still consider the note secured.Silly little lairs. I like glieseman too but he's been duped or is a shill. |
