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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Quote:
Originally posted by speedkillz
Look to see 50 year payment plans to keep people in these homes. If the banks loose it will be as bad as when the S/L went under, only uncle sam doesn't insure private morgage co's.
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That's good in a way. Less of a moral hazard.
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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