To: Eagles Talon IV
"Restoring confidence" in these mortgage products is a BAD THING. These are bad loans which never should have been made and would not have been made if people didn't think that they could cheat reality. If no one had confidence in these scams they would not have occurred.
These were "con" games which preyed on misplaced confidence.
37 posted on
08/24/2007 12:32:22 PM PDT by
Iwo Jima
("Close the border. Then we'll talk.")
To: Iwo Jima
I may have mis-read your post. If so, sorry.
38 posted on
08/24/2007 12:34:32 PM PDT by
Iwo Jima
("Close the border. Then we'll talk.")
To: Iwo Jima
I was alluding to restoring confidence in the market place in general and not in the junk mortgages that were being issued.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson