[Hydroshock]

My take on this is someone wants their golden parachute real bad.

[Hydroshock]

PING

[dakine]

Research your “take”....

[RSmithOpt]

Would be interesting for someone to keep a detailed record of all such related events, no. of mort. co.'s going belly up, no. homeowners going belly up, no. of 'mergers', all the 'soft' no.s reported by the LSM & government, no. of flippers left 'holding the bag', etc., etc.

Amazing the sheer number of people that make bad decisions seem to look to refuse self accountability, individuals and corporations alike.

Our government and several around the globe are seriously scrambling to lessen the impart of poor legislation and regulation. All those involved (lenders and lendees)in the sub-prime fiasco should be responsible, not you and me.

[ex-Texan]

Very astute posts today my FRfriend. All high level corporate types pray for and hope for the Golden Parachute. Must be very disappointing for some to realize that they have gutted a fat, healthy cash cow with greed.