December 29th, 2009 by admin
Subprime Meaning
Question: What does Subprime Mean? and has anyone seen this….?
What is subprime? and prime minus half (or wut ever its called)? has anyone else seen this vid. So is Obama Bad?
http://www.youtube.com//watch?v=H5tZc8oH–o
and is fannie and freddy….everywhere in the us or just in some areas.
Answer: Subprime means that the loan does not meet normal criteria, that [...]
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December 19th, 2009 by admin
Aig Subprime
Question: Whose fault it is actually?
for the financial slump now in the US and the fall of companies Lehman Brothers,Merill Lynch and now AIG…who is to blame for the subprime crisis and the slump now?
Answer: the american people for not rising up sooner and taking out the evil that is within are government.. its [...]
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December 10th, 2009 by admin
Subprime Bailout
Question: Would helping the subprime homeowners have prevented this cascading failure of the financial system?
and precluded the need for these incredibly expensive bailouts?
Answer: In a way yes. All around regulation would have been much better.
Don’t believe these lies about how banks were forced to loan to low income people.
Theirs was a low quality [...]
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December 7th, 2009 by admin
Subprime Stories
Question: Who’s to blame for the subprime meltdown?
The lenders or the consumers? Or is it a little of both? I, frankly, am somewhat saddened by the tighter mortgage standards. My husband and I have credit “issues” that happened in our twenties and doomed us to credit ratings below 650. A [...]
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December 5th, 2009 by admin
Subprime Regulation
Question: Is Bernie Frank a combinat. of economic success of AIG, the ethics of Enron and accountability of Ruth Madoff?
Michael Graham of Boston Herald calls Barney Frank an unmitigated disaster and asks whether Bernie Frank a combination of economic success of AIG, the ethics of Enron and accountability of Ruth Madoff.
The author points out [...]
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