This was a no brainer.
Well until Wall Street goes back to the securitizartion game.
I just wonder what will we see first?
I think its in this order.
1- 14k On The Dow
2- 1500 on the SPX
3- 12% Unemployment
4- 15% Haircut to Housing prices
You see nothing really happened except for the lost jobs and homes.
mortgagedfuture.com/liar-loans-rip-october-1-2009
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