[q_an_a]

This crap was done by the Resolution trust in Texas and the sotuhwest from 88-92. The FDIC killed hundreds of businesses by calling loans at failed banks. Can't pay in 7 days or get a new loan from another bank? We close your accounts and sieze your collateral.

Investors created funds and bought up the loans and the collateral for those pennies on the dollar. This is one of those rich get richer deals. Time to form an investment group get your friends on it and find a friendly banker to stear you to the deals.

[bruinbirdman]

"by calling loans at failed banks."

But half the loans now have no collateral? The buyers have walked away or should be renter?

Most of the rest of the paper was inflated bubble junk. A lot of people cashed in on the way up to the crash and cashed out before the collapse.

Sometimes we throw stuff out Socratic method?

yitbos