Hold your hat....the roller coaster ride has just begun.. or so this report concludes.
Maybe to put this reported coming collapse in perspective it was just a few months ago that we begain to get... full... conformation that the R-E industry was in regional collapse.
And it was also just recently that they begain to acknowledge the mortgage industry was in terrible shape and it wasn't just the bottom tier nor where they seeing and end in site.
And finally after a few months of digging holes and cover ups we are now being told it is not just one or two of the big investment banks that are in distress it is probably all of them. Including those corporation that where supposedly going to insure those loans and bonds.
So this is some of the details we are not usually privy too.
I left the comments section off on this one as it is long as well as informative. If you are interested just go to the original site and bring up the article.
No comments:
Post a Comment