[Boiling Pots]

It would be interesting to see how many of those earthquakes and other disasters actually come if the Treasury let the market decide the value of these mortgages.

[LS]

As I say, there is no good solution. Do you really want to be explaining to your neighbors the value of the free market if these things all go bust and we have 10% unemployment?

I said months ago that whoever took over was going to be saddled with a recession. I didn't think it would hit quite this quickly.

[UCFRoadWarrior]

It would be interesting to see how many of those earthquakes and other disasters actually come if the Treasury let the market decide the value of these mortgages.

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Probably not as bad as being pressed. If some of these companies crash...others will come in and take over the remaining assets and build on that

The real reason Washington is nervous is because most politicians have their investments in these groups...and thru their subsidiaries and partners. The politicians are more nervous than any one else