The Washington Independent - Latest Comments in Understanding the Mess We’re In

Re: Understanding the Mess We’re In

Iago — Fri, 10 Oct 2008 03:24:20 -0000

Small businesses are the ones that are going to hurting the most from this debacle. If they cannot maintain a line of credit for all their monthly-to-daily requiremnts to run an effective, profit-pulling company, there will be a lot of doom and gloom talk around the water-coolers and over the backyard fences, as if there isn't already.
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Funding Available, No Banks, No Loans,
No Bailouts, No Bull

Re: Understanding the Mess We’re In

Jason — Tue, 07 Oct 2008 13:39:46 -0000

Do you have a Private mortgage insurance (PMI) policy? If you do your PMI insurer has passed along their risk by buying a credit default swaps (CDS) to protect them in the event you have your home that your home is taken away from you. CDS and PMI are the same thing. Make people wanting to buy a home put at least 20% down if you don't like them. nomedals.blogspot.com