I still don't see where I said I was happy about it.
What about a newspaper? Would you be happy if the NY Times went under?
While i don't like their slant, i wouldn't want to see the business fail. It's quite a bit different than a homebuilder though. Newspapers are the buggy whip of today. People still need homes, people are increasingly less needing newspapers to get their information, etc. Not a great expample.
“Would you be happy if the NY Times went under? “
I’d have a party. Bad analogy.
I know what the NYT lies, and hates and hurts this country.
I don’t know who these Greenwich people are and have no reason to assume they are all wrongdoers. I do not agree that every hedge fund is a criminal enterprise. Nor do I know that all these houses were going to hedge funds. Plenty of good people have been badly hurt by this financial crisis.