On Tuesday 18 September 2007 04:10, Dave Crozier wrote: > Yep, > And one of the reasons why our Building Societies (Northern Rock) are > sending shudders through the financial markets with mass investor > withdrawals is the stupid "Sub Prime" lending of irresponsible American > Banks....and we suffer unfortunately. > > Guess this should go [OT] now.
Hi Dave! Bite your tongue to say they are stupid. Evil genius is what it is. The richies used to have to maintain the houses when they were landlords, now they "sell" the houses to the people who live there, suck up the whole loan as profit and then buy back the property at pennies on the dollar after the resident discovers he can't really afford to be a homeowner. Hell ain't half full, though. Wealth and luxury now, eternal fire forever. -- Regards, Pete http://www.pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
