On Wed, Mar 11, 2009 at 1:50 PM, Nicholas Geti <[email protected]> wrote: > I don't understand. Why should our bank pay off a bad loan. Whose bad loan? > If Dubai bought a bad loan and wants their money back why should they take > precedence over investors who bought the bad loans in America? If I buy bad > debt, you can be sure I'll not get my money back. Makes no sense to me. -----------------------------------------
If they defaulted on some of the loans to "key" holders it would have been far worse. AIG = fake insurance that said some investment was worthy or they would pay off. Well the demands for payoff are coming in. Or another ponzy scheme. To bad these have a 30-40-50 year life for some of them. AIG gets that bat debt back and can now so something with it. -- Stephen Russell Sr. Production Systems Programmer Web and Windows Development Independent Contractor Memphis TN 901.246-0159 _______________________________________________ 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.
