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#1
posted to rec.boats
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How wall street blew up the housing market
On Sat, 28 Aug 2010 21:50:01 -0400, Larry
wrote: bpuharic wrote: On Sat, 28 Aug 2010 11:43:47 -0400, wrote: STOLE THE FREAKIN' ECONOMY! and people were not paying attention to where the money was coming from. There was plenty of greed to go around. What about those yuppies house flippers who were borrowing 99% of the home price, hoping they would never have to make a payment or the ones with the 125% home equity loans? There were some people who knew this was going to crash. The smart builders were scaling back in 2006. well golly. if people were so smart why are we in the condition we're in? Define "wall street" in your own words... ever hear of morgan stanley? |
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#2
posted to rec.boats
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How wall street blew up the housing market
bpuharic wrote:
On Sat, 28 Aug 2010 21:50:01 -0400, wrote: bpuharic wrote: On Sat, 28 Aug 2010 11:43:47 -0400, wrote: STOLE THE FREAKIN' ECONOMY! and people were not paying attention to where the money was coming from. There was plenty of greed to go around. What about those yuppies house flippers who were borrowing 99% of the home price, hoping they would never have to make a payment or the ones with the 125% home equity loans? There were some people who knew this was going to crash. The smart builders were scaling back in 2006. well golly. if people were so smart why are we in the condition we're in? Define "wall street" in your own words... ever hear of morgan stanley? Sure, but they aren't "Wall Street". |
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#3
posted to rec.boats
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How wall street blew up the housing market
On Sat, 28 Aug 2010 23:31:40 -0400, Larry
wrote: bpuharic wrote: On Sat, 28 Aug 2010 21:50:01 -0400, wrote: bpuharic wrote: On Sat, 28 Aug 2010 11:43:47 -0400, wrote: STOLE THE FREAKIN' ECONOMY! and people were not paying attention to where the money was coming from. There was plenty of greed to go around. What about those yuppies house flippers who were borrowing 99% of the home price, hoping they would never have to make a payment or the ones with the 125% home equity loans? There were some people who knew this was going to crash. The smart builders were scaling back in 2006. well golly. if people were so smart why are we in the condition we're in? Define "wall street" in your own words... ever hear of morgan stanley? Sure, but they aren't "Wall Street". why? did he work in botswana? |
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#5
posted to rec.boats
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How wall street blew up the housing market
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#6
posted to rec.boats
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How wall street blew up the housing market
wrote in message ... On Sun, 29 Aug 2010 12:19:38 -0400, Secular Humanist wrote: On 8/29/10 12:16 PM, wrote: On Sun, 29 Aug 2010 05:39:41 -0400, wrote: ever hear of morgan stanley? Sure, but they aren't "Wall Street". why? did he work in botswana? He? Do you think there is or was a guy named Morgan Stanley? Wall Street financial houses...more crooked than your neighborhood bookie, and they do a lot more damage, too. My two major issues with Obama...ramping up in Afghanistan...and bailing out the bankers. We should have left the "bankers" twist in the wind, and then prosecuted them. Not a big argument about that here (either one). Afghanistan is a pure loser but you can play the Wall Street game if you understand how trading works. The fat cats won't let us drive the bus or even ride inside but we can hitch a ride if you know how. There's no agreement whatever that Afg. is a pure loser. I'd prefer to wait for a professional assessment. |
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#7
posted to rec.boats
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How wall street blew up the housing market
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#8
posted to rec.boats
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How wall street blew up the housing market
bpuharic wrote:
On Sun, 29 Aug 2010 12:16:19 -0400, wrote: On Sun, 29 Aug 2010 05:39:41 -0400, wrote: ever hear of morgan stanley? Sure, but they aren't "Wall Street". why? did he work in botswana? He? Do you think there is or was a guy named Morgan Stanley? do you think no one works for morgan stanley? Nice deflection but unrelated to your claim. |
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#9
posted to rec.boats
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How wall street blew up the housing market
On Mon, 30 Aug 2010 00:24:19 -0400, wrote:
On Sun, 29 Aug 2010 13:22:55 -0400, bpuharic wrote: On Sun, 29 Aug 2010 12:16:19 -0400, wrote: On Sun, 29 Aug 2010 05:39:41 -0400, bpuharic wrote: ever hear of morgan stanley? Sure, but they aren't "Wall Street". why? did he work in botswana? He? Do you think there is or was a guy named Morgan Stanley? do you think no one works for morgan stanley? I am just not sure why you singled out one brokerage house, then made it sound like one guy. you mean other than he made a BILLION dollars during the economic collapse? BTW if we didn't have Wall Street, there wouldn't really be any such thing as retirement for anyone HAHAHAHAHAHA who the HELL do you think can afford to retire other than the rich??? THAT"S THE WHOLE POINT!! they took the money of the middle class and now we CANT retire!! |
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#10
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How wall street blew up the housing market
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