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To: Hostage
You have a talent for displaying unadulterated ignorance.

Well, you are the expert in unadulterated ignorance.

You think private equity is not a part of banks?

I know that banks can borrow from the discount window while private equity firms cannot.

Yes banks allowed their hedge funds both to borrow funds and to buy the MBS that they underwrote and issued.

Banks and prime brokers lent money to hedge funds. Hedge funds bought MBS. Is this supposed to be secret info you're posting here? LOL!

Further response is not needed.

Stop posting bad info and I'll stop pointing out your errors.

576 posted on 09/21/2007 8:29:42 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Good evening Toddster :)


579 posted on 09/21/2007 8:32:27 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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