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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:21 AM Original message |
Apparently the fate of the entire world economy rests on some % of bad US home mortgages. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:27 AM Response to Original message |
1. Hey, if you're going to rec, kick it too! |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 09:05 AM Response to Reply #1 |
2. am kick |
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Cessna Invesco Palin (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 09:10 AM Response to Original message |
3. The fate of the entire world economy rests on... |
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Supersedeas (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 10:09 AM Response to Reply #3 |
5. so now that investments become a venture stake in willingness of middle class to remain silent |
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avaistheone1 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:17 PM Response to Reply #3 |
37. Only 3% of mortgages are bad |
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lostnfound (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 05:58 AM Response to Reply #37 |
53. But Mr. Risk -- Paulsen -- DOES understand them. |
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elehhhhna (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 08:41 AM Response to Reply #37 |
54. derivatives and credit swaps...hmmm. Sounds like ENRON, again. |
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debbierlus (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 09:12 AM Response to Original message |
4. Good point |
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K Gardner (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 10:11 AM Response to Original message |
6. Someone answered those questions this morning on one of the news shows.. I |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 01:39 PM Response to Reply #6 |
7. smaller than 700 billion? |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 01:53 PM Response to Original message |
8. Some answers |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:02 PM Response to Reply #8 |
9. do you have a link for the numbers, hamden? |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:09 PM Response to Reply #9 |
13. Here's part of the problem - no one knows which ones are which. |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:16 PM Response to Reply #13 |
15. "a impossible task itself unless you have a crystal ball" -- that's wrong |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:27 PM Response to Reply #15 |
19. Thanks for the correction. Part of that perception comes |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 08:51 AM Response to Reply #15 |
56. Not exactly. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:26 PM Response to Reply #13 |
18. doesn't matter, buy up the last 10 years, refinance the good ones & sell the bad ones. |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:22 PM Response to Reply #9 |
17. I think it's been considered, but it's not on the table now |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:34 PM Response to Reply #17 |
22. if they wouldn't sell, that's their lookout. my concern is that taxpayers |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:40 PM Response to Reply #22 |
26. That's why this bill included provisions that in addition to the "bad" |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:51 PM Response to Reply #26 |
27. have you read the 110 pages or are you doing soundbites? |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 04:25 PM Response to Reply #27 |
30. Examples, please. nt |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:14 PM Response to Reply #30 |
36. the soundbites from our leaders, e.g. no golden parachutes. |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:53 PM Response to Reply #36 |
42. First of all, my post was about receiving stocks, not about |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 10:16 PM Response to Reply #42 |
43. yes, i've read it. have you? it doesn't ban golden parachutes. the language is written |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 10:35 PM Response to Reply #43 |
44. As a matter of fact, I have it pulled up right now. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 11:12 PM Response to Reply #44 |
46. for whom & during what time frame, that's how. |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 11:30 PM Response to Reply #46 |
47. For the Top 5 Executives and during the time that the Secretary |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 12:49 AM Response to Reply #47 |
51. i read it. it mandates: |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 12:57 AM Response to Reply #51 |
52. then there's this: |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 09:56 AM Response to Reply #52 |
62. Again, it only applies to companies that are being aided |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 03:54 PM Response to Reply #62 |
63. nice spin. but nothing affects existing contracts, nothing affects compensation |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 09:42 AM Response to Reply #51 |
60. I HOPE you read it, since I had to post it for you in another thread. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 08:54 AM Response to Reply #47 |
57. The fact that it only applies to the top 5.. |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 09:36 AM Response to Reply #57 |
59. I think that is a minor point, considering it's usually the top 5 who |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:07 PM Response to Reply #27 |
31. OK, tell me which part of this is the "lie" |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 09:01 AM Response to Reply #31 |
58. It sounds nice, but.. |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 09:51 AM Response to Reply #58 |
61. That is a battle for another day. This is an emergency bill. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:05 PM Response to Reply #8 |
11. They shot themselves with their intricate and unregulated investment vehicles. |
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gopbuster (715 posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:20 PM Response to Reply #11 |
16. Yep..it's the other "troubled assets" as well. n/t |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:35 PM Response to Reply #11 |
24. no, they shot YOU in the foot - ON PURPOSE. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:22 PM Response to Reply #24 |
33. I'm rather lucky. I'm quite insulated from the effects...so far. |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:11 PM Response to Reply #8 |
14. Right, It's like dominoes. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:28 PM Response to Reply #14 |
20. if the dominoes begin with bad mortgages, buy the mortgages, don't |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:36 PM Response to Reply #20 |
25. Too late. The other dominoes have already started dropping. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:55 PM Response to Reply #25 |
28. they've been dropping for 2 years. & if the milk's spilt, then this bailout won't put it back in |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 05:12 PM Response to Reply #28 |
32. Simply buying up the mortgages won't help the other problems and |
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mhatrw (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 06:06 PM Response to Reply #32 |
34. Why not? Just guarantee the loan payments. |
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johnaries (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 06:23 PM Response to Reply #34 |
35. Because it is no longer about the mortgages. It's now about |
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mhatrw (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:34 PM Response to Reply #35 |
39. How about we try to fix the underlying cause here as well rather than just |
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ColbertWatcher (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:03 PM Response to Original message |
10. Well done, Hannah! Bravo! n/t |
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SammyWinstonJack (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:07 PM Response to Original message |
12. Why do you hate "Murica? |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:58 PM Response to Reply #12 |
29. cause murica hates me & mine. |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:29 PM Response to Original message |
21. and we know where those bad mortgages are, |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 03:35 PM Response to Reply #21 |
23. Is it bad? Yes it is. Are we guilty? No. Do you understand? Somewhat |
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tjwash (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 07:23 PM Response to Original message |
38. 4-how much did the banks recoup from the PMI? |
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mhatrw (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:39 PM Response to Reply #38 |
40. They leveraged it to bet big that housing prices would keep increasing. n/t |
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Supersedeas (1000+ posts) Send PM | Profile | Ignore | Wed Oct-01-08 11:26 AM Response to Reply #38 |
65. details that will have to wait until after the Wall Street bailout to discuss |
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mellowfellowO (36 posts) Send PM | Profile | Ignore | Mon Sep-29-08 08:49 PM Response to Original message |
41. A humble opinion... |
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Occulus (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 12:20 AM Response to Reply #41 |
50. Thank you for that |
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mellowfellowO (36 posts) Send PM | Profile | Ignore | Wed Oct-01-08 11:00 AM Response to Reply #50 |
64. You're Welcome... |
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2speak (382 posts) Send PM | Profile | Ignore | Mon Sep-29-08 10:47 PM Response to Original message |
45. Great post |
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BzaDem (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 11:31 PM Response to Original message |
48. I could explain it all for you |
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Dover (1000+ posts) Send PM | Profile | Ignore | Mon Sep-29-08 11:57 PM Response to Original message |
49. And I find this disturbing, re: Obama's choice of Rubin as an economic adviser >> |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Sep-30-08 08:44 AM Response to Original message |
55. Not the mortgages, so much as the mortgage backed securities.. |
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