Too big to fail
What does Lehman and Merrill and AIG and Fanny and Freddie have in common?
They all know how to lose money big time.
Some, it seems are too big to fail.
How about you, what size are your debts?
You may be eligible to get propped up like some of these institutions if you are saddled with obligations in the nefarious underworld of inter-twined and financially complex derivative markets. If not, it’s likely that you will be on your own.
I hope you are doing well; the government continues to step to the plate on our behalf. As taxpayers,they expect us to assume the financial responsibilities of these mismanaged companies that have made bad investment decisions.
The recent manipulations this past week are like a band-aid on a badly severed limb.
The real estate industry has enough headaches already, but without adequate capital, it is difficult to imagine the housing situation improving anytime soon.
As housing goes, so goes the country. Let’s see what the “rtc” model has to offer before we draw any conclusions.
Can’t shrug this one off, Atlas.
The credit markets have made it clear that risk is now the enemy.
Real Estate Blog
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