Surprise, surprise!

Word on Wall Street is, some of those who were involved with creation of the Sub-Prime Fiasco are now busy buying up distressed mortgages for $.20 and $.30 on the Dollar and then renegotiating the terms with the buyers.

All you need is Cash equal to a down payment with the right connections and a 100% is almost guaranteed.

Now, who do you know that has Billions of Dollars and looking for a place to park it?