Comments on Market Skeptics: Big Banks Suffering Losses As Subprime Mortgages G...

When you manipulate an unregulated market, you get...

2009-07-06T22:21:26.324-07:00

When you manipulate an unregulated market, you get to keep the money. What part of "unregulated" do you not understand?

The subprime borrowers didn't get their mortgages ...

2009-06-29T05:22:32.708-07:00

The subprime borrowers didn't get their mortgages paid off. Only the noteholders (MBS investors) were paid off in full. The subprime borrowers still have to pay their mortgages, only now to the servicer, who bought the remaining mortgages in the clean-up call.

Oh and by the way, this was straight up market manipulation, and there's a 0% chance Amherst will get to keep its profits.

Thank you! I'm not very knowledgable about economi...

2009-06-16T06:45:35.294-07:00

Thank you! I'm not very knowledgable about economics, but even I can see the humour in this. It's nice to get some good news for a change.

hack3434, I would blame both. As for blaming other...

2009-06-13T14:51:54.776-07:00

hack3434, I would blame both. As for blaming others, the government and the banks are responsible for a lot of the devastation. It wasn't just speculators that got destroyed. Builders got destroyed. To say those sub-prime borrowers had no blame would be stupid.

Dudeman...Why blame the borrower and not the banks...

2009-06-13T13:17:53.530-07:00

Dudeman...Why blame the borrower and not the banks? Also smart money saw what was coming with the real state bubble and got out. Don't blame others for your poor "investment" choices.

It seems criminal that sub-prime borrowers get the...

2009-06-13T08:49:53.015-07:00

It seems criminal that sub-prime borrowers get their mortgages paid off. They helped destroy real estate including my real estate investments. When do the responsible people get bailouts?

I thought that Issa and Kucinich both softpedalled...

2009-06-13T02:19:33.249-07:00

I thought that Issa and Kucinich both softpedalled the Lewis hearings.

Christopher Dodd. Like father like son. You are from Fairfield county, so you know.

Here is a dire warning from the UN on hunger. Note that Italy has only given three percent of the money it pledged. Soon, money pledges may be worthless, while food pledges will be everything.

http://in.reuters.com/article/topNews/idINIndia-40293520090612

My compliments on your blog.