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Ever wonder just the entire amount of money that the average investor and the US taxpayer has / is going to lose after all this shakes out?

I am curious and waiting to see the number of court cases that arise from this conspired fiasco. Someone, somewhere has made a mint before all this...not just the home builders, realtors, illegal construction workers, etc.

You and I both know that the banking / mortgage office managers and CEO's and certain privy investors to the timing made huge chunks of bonuses / returns from 'the numbers on the books'. Quite of few flippers in the past hot markets did well to and were smart enough to get out of the game.

I got a sneaky feeling there'll be a few sacrificial lambs in the courts by the Feds for fraud, RICO, etc., but the true story of how the countries holding billions in our treasury bonds and their operatives pinched W and Congress to allow this as for when the prime was 1%, US treasuries were paying < 3%.

I always check the Real Estate in the Westchester County NY area to see if it has gone done any in the past month or so. I did notice that now you can get a 30 year old bi-level in Putnam County NY for about 389K. I did go down because usually they were selling for 500K. This Sub Prime mess is suppose to make homes more affordable, so they say!

Still very expensive to me thought!

"Ever wonder just the entire amount of money that the average investor and the US taxpayer has / is going to lose after all this shakes out?"

Yeah, pretty much every day, as I think about the assets we've worked so hard to accumulate and worry about whether my husband will survive the next set of layoffs at his employer in June.