NY Times September 30, 1999

2009-02-27 12:43:25

#1

Warhammer: Member; +18|5984

http://chrisbrady.typepad.com/files/ny-times.doc

Mod: here's a link to the article:
http://query.nytimes.com/gst/fullpage.h … A96F958260

2009-02-27 13:07:34

#2

Doctor Strangelove: Real Battlefield Veterinarian.; +1,758|6771

Before I download shit, can I at least ask what this is about?

2009-02-27 13:41:11

#3

Catbox: forgiveness; +505|7019

I read it... and it has come true... People that can't afford a house shouldn't get a loan for a house... Owning a house isn't a right...

Love is the answer

2009-02-27 18:30:31

#4

FEOS: Bellicose Yankee Air Pirate; +1,182|6714|'Murka

That's only part of the problem, though. The insane act of packaging those subprime loans into tradeable securities was the straw that broke the camel's back. If that hadn't happened, we would only be dealing with a housing problem...not a financial markets problem.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2009-02-27 22:48:47

#5

Dilbert_X: The X stands for; +1,817|6409|eXtreme to the maX

FEOS wrote:
That's only part of the problem, though. The insane act of packaging those subprime loans into tradeable securities was the straw that broke the camel's back. If that hadn't happened, we would only be dealing with a housing problem...not a financial markets problem.

But then how would the financial market whizzes get their multi-million dollar bonuses?

Fuck Israel

2009-02-28 10:14:19

#6

Turquoise: O Canada; +1,596|6708|North Carolina

FEOS wrote:
That's only part of the problem, though. The insane act of packaging those subprime loans into tradeable securities was the straw that broke the camel's back. If that hadn't happened, we would only be dealing with a housing problem...not a financial markets problem.

I'm against a lot of financial regulations, but I hope we ban the hell out of mortgage derivatives.

2009-03-01 05:44:09

#7

FEOS: Bellicose Yankee Air Pirate; +1,182|6714|'Murka

Dilbert_X wrote:
FEOS wrote:
That's only part of the problem, though. The insane act of packaging those subprime loans into tradeable securities was the straw that broke the camel's back. If that hadn't happened, we would only be dealing with a housing problem...not a financial markets problem.
But then how would the financial market whizzes get their multi-million dollar bonuses?

oh rite.

They wouldn't.

And I'm totally OK with that.

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular

2009-03-02 06:21:00

#8

ATG: Banned; +5,233|6832|Global Command

Okay, they called it ahead of time.

Trouble is nobody listened.

BF2S Forums NY Times September 30, 1999

FEOS wrote:

FEOS wrote:

Dilbert_X wrote:

FEOS wrote:

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