----- Original Message ----- From: "Erik Reuter" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, January 01, 2003 3:59 PM Subject: Re: OT: mortgage default question
> On Wed, Jan 01, 2003 at 04:03:58PM -0600, Dan Minette wrote: > > It was the massive bank bailout (200+ billion) back in the '80s. I'm > > guessing it was before your time. > > Oh, I didn't make the connection to the S&L crisis when you first > mentioned it. It wasn't exactly before my time (I was in Jr. High) but I > don't think I really understood what was going on at the time. > It was also the time of the oil bust in Houston. This was another significant factor in the housing market here. Oilfield people were leaving and others were coming in as the area diversified. xponent Like Silicon Valley Today Maru rob ________________________________ You are a fluke of the universe. You have no right to be here. And whether you can hear it or not, the universe is laughing behind your back. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
