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To: Kartographer
strategic default on the property!

Default! Don't be so vulgar. It is called "Deleveraging".

6 posted on 05/08/2011 10:22:05 PM PDT by Lazlo in PA (Now living in a newly minted Red State.)
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To: Lazlo in PA

Only when the ‘To Big to Fail’ do it. When a regular ‘Joe’ does it, its being a ‘Dead Beat’ there will be asomeone along in a bit to explain about the difference. ;-)


9 posted on 05/08/2011 10:26:26 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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