July 13, 2008

How IndyMac Tricked Itself into Insolvency
They kept giving out loans to marginal credit risks in cases where the size of the mortgage would likely eclipse the actual value of the property purchased... but they wanted to do that, so they convinced themselves that everyone would keep paying $700,000 mortgages on $400,000 houses just to protect their credit ratings [CJ]

Posted by Ace at July 13, 2008 04:07 PM
Comments

fake hermes in hong kong Ace of Spades Headlines:
fake hermes birkin http://www.manhaircut.dk

Posted by: fake hermes birkin at May 18, 2014 03:29 AM

Ace of Spades Headlines:
louboutin pas chère http://www.revelcreations.fr/strasbourg/louboutin-pas-chère.html

Posted by: louboutin pas chère at May 27, 2014 12:49 AM
Post a comment









Remember personal info?