On Wed, May 19, 2010 at 1:21 PM, Michael Madigan <[email protected]> wrote: > The foreclosure rate is staggering. ------------------
There are tons of investment & or fund managers who are in freak out mode now. They invested billions of USD and are now tripped up by the change in rate. On top of that the country as a whole grabbed every cent they could when the country became a member of the Euro. % rates dropped and everyone jumped in to grab as much of that new money as possible. Just like the USA did in setting up the 2007-2008 crisis. There is no manna from heaven these days folks. Greece has been living high on the hog after the Olympics. Now they have to come back to normal and they are freaking. So are all the lenders who fattened the pig and don't get to slaughter it. -- Stephen Russell Sr. Production Systems Programmer CIMSgts 901.246-0159 cell _______________________________________________ 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.
