To: bruinbirdman
And just who gets to buy these assets for pennies on the dollar?
2 posted on
09/16/2009 6:25:11 PM PDT by
refermech
To: SAJ; NVDave
Looks like the stuff was bought for about 70 cents on the dollar?
A little better than the 100 cents on the dollar the taxpayers paid AIG?
Is that a less than 30% anticipated default rate?
yitbos
3 posted on
09/16/2009 6:28:15 PM PDT by
bruinbirdman
("Those who control language control minds.")
To: bruinbirdman
To: bruinbirdman
and just where does the money go?
5 posted on
09/16/2009 6:33:15 PM PDT by
dalebert
To: bruinbirdman
I didn’t analyze the deal structure, but one thing that has been missing is allowing the vultures into the picture to clean up the mess. There is way too much government involvement and it has slowed down the clean-up, IMO
To: LS
Speak of the devil....
Ping
8 posted on
09/16/2009 6:46:01 PM PDT by
MestaMachine
(One if by land, 2 if by sea, 3 if by Air Force 1.)
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