Payofffs on PHANTOM Mortgages?

Current Events » in reply to re: I don't think this is a zero sum game.

carl — 10/22/2008 6:06:30 PM (archived)

This actual cash money never existed in working capital, just dotted lines and over inflated property values that tumbled and set everthing askew, now the feds step in and pay off the loans at inflated prices? Kaaaa-ching, who makes the bucks and who gets screwed?

The whole thread (7 posts)

Stock Market TANKS with word of Corp. Profits.... - carl - 10/22/2008 3:29:27 PM
- To get the country moving again - JEKing - 10/23/2008 12:57:26 AM
- Just remember - azstrummer - 10/22/2008 3:59:09 PM
  - I don't think this is a zero sum game. - Bowser - 10/22/2008 5:35:33 PM
    - re: I don't think this is a zero sum game. - azstrummer - 10/22/2008 6:03:26 PM
      - Payofffs on PHANTOM Mortgages? - carl - 10/22/2008 6:06:30 PM
        
        Oh I'm not saying there won't be chaos - azstrummer - 10/22/2008 6:09:55 PM

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