Hang on Lupe, hang on!!
With reviewing the Top 10 Losers in the NYSE, NASDAQ and ASE you will find that 12 of the 30 are folks involved with Home Mortgages and some have fallen so low I expect they might start paying us to take a few shares.
But then, that might make us the Bag Holders.
For example one Huge lender, American Home Mortgage (AHM) Tops the Loser List with a 90% one day loss.
Myself I would like to invest in Environmental Rehab Biz to clean up some of the Repo residences after Pedro and Lupe head South, hopefully forever.
But then collecting for the Haz Mat Clean-up might be a task until the Courts decide which of the three or more Mortgage holders has the Pesos to pay.
But then, that might make us the Bag Holders.
For example one Huge lender, American Home Mortgage (AHM) Tops the Loser List with a 90% one day loss.
Myself I would like to invest in Environmental Rehab Biz to clean up some of the Repo residences after Pedro and Lupe head South, hopefully forever.
But then collecting for the Haz Mat Clean-up might be a task until the Courts decide which of the three or more Mortgage holders has the Pesos to pay.
posted by Localfella at 6:29 PM
1 Comments:
It really will just break our hearts to see some of those scum-sucking money-grubbing pigs in the mortgage industry go down the drain.
Reminds me of a truly moronic boss I once had - all he could say was "just make it happen".
How do you make it happen on $9/hr. and having a 2nd, 3rd and 4th to pay off?
At least some of those idiots might get their due shortly. The rest of us will hide and wait as the foreclosures become available.
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