Now I have a home in every state !!

5 million delinquent home owners send warmest regards to me for my hard earned tax dollars, but actually it is those lenders who gave mortgages to these people LOVE me maaannnn. I heard that 10s of large hedge funds moving to cook and cayman this month before the extra bill arrives. But it is the luuuuvvv that matters for me ..... Does anyone know where the Chinese embassy is in newyork?

Edited by A-ha, 19 September 2008 - 08:17 PM.

Are all these smart guys who moved their Hedge domocile to Cayman going to be able to sell their junk to Uncle?

Edited by selecto, 19 September 2008 - 08:34 PM.

Are all these smart guys who moved their Hedge domocile to Cayman going to be able to sell their junk to Uncle?

only profitable funds are concerned with maximizing profits , most of the offshore funds are top performing...
i gather they are not concerned with selling their bags to uncle sam because they dont have.
have you ever heard an offshore hedge fund blow up? most of the suckers are domestic

Edited by A-ha, 19 September 2008 - 08:47 PM.

I don't think that folks realize that the only way this FED bail-out is going to work is, if the government pays ALOT for all this worthless mortgage paper. It ain't going to work if they pay "market value." Now, do you think that they would bail out Social Security that benefits tens of millions as opposed to few Wall Street pigmen firms without neo-cons and Wall Street revolt? This is not going to work anyway: its going to end up as bread vs guns issue regardless next year. The only way they can get out of this is to allow housing values to settle at their historical affordability mean. As is, this yet another OpEX sticksave going all the way back to August 2007. Looking forward to 4th QTR, we have been down now 4 consecutive quarters(assuming no miracle rally in next two weeks), getting to five down quarters in a row is very rare.

5 million delinquent home owners send warmest regards to me for my hard earned tax dollars, but actually it is those lenders who gave mortgages to these people LOVE me maaannnn.

I heard that 10s of large hedge funds moving to cook and cayman this month before the extra bill arrives. But it is the luuuuvvv that matters for me .....

Does anyone know where the Chinese embassy is in newyork?

Soon we will all own a home, and a retail establishment in every state and municipal govt office in many states
Keep that checkbook handy Hank Paulson, there are more checks that will need to be written - the auto, commercial re, airline and muni bailouts are coming

Thanks for your calls this week, thanks to Greenie for referring...