Careful, these 'Pigs' are the same guys who contributed big time to Bush relection campaign and all have White House access
and all of them made the same contributions to the democratic party as well, thayts how its done.its called hedging your bets.
well, maybe they didn't considering what a wonderful job they did with the "hedge" funds.
Ummm... Banking regulators regulate commercial banks, not investment banks.
So, regulation would have been good?
lets see, unregulated investments, no backing from the fed, isn't that risky? don't "some people lose money"?
whats the small print?
something about "these gains may or may not continue, there is no guarentee of profit, your results may vary, blah, blah, blah... none of that print going on in any of this type of paperwork? gimme a break. y'all took a gamble. it paid off big, now its gone. some people even had to find a different line of work. go figure. get over it. shite happens.
quote=cardiacpaul;287733]So it would seem to the untrained, clearly stoopid simpleton boobs that don't understand why the sky is falling... anyone care to es-plain?[/quote]
actually I was making reference that merlin mortage, a company you had a little sumpin, sumpin going on with had its domain expire that day. but hey, thanks for answering a question no one asked. you're pretty good at that, isn't there some way we can blame bush for that?
it's not my fault if you don't read the posts you are supposed to be responding to.......
uhhhh, refer to above. you know, merlin mortgage.... ever write an ARM? Hmmm? how many are in forclosure now? make any money turning and burning those bundles of subprimes? hmmm, wasn't that around the time you bought a pretty good size catamaran?
This is was created the sub prime mess. I was working for a normal small bank at the time and we watched our volume took a nose dive as Wall ramped up their marketing program on the teaser loans and began systematically changing the way mortgages were made. It was a brand new ball game and if you wanted to play, you had to bring out the same products.
really, do tell... that wasn't at merlin was it?
And everyone posting here ignores the facts.
fact:
you were intimatly involved with a company called merlin mortgage.
Merlin Mortgage
Mortgage Bankers And Loan Correspondents 595 XXX Ave
MXXXXXX IXXXXX, FL
thats from "discoverbrevard.com"
oh, heres just one more...
Merlin Mortgage, Merritt Island, FL, 32953 - YELLOWPAGES.COM
says its AKA Amberdell computer technologies. hmmm.
do I have to rifle thru the state dept. of state for the DBA's or, you can always admit being a "former" mortgage broker that went tits up because your bidness went bye-bye... and thats why you blame bush for every cloud in the sky... thats why you blame everyone but YOURSELF and YOUR ROLE in this godforsaken mess... and you want a bailout? screw that, piss off, theres an opening at mcdonalds.
fact:
you have many times over blamed EVERYONE except the paper hangers for this mess
fact:
you throw your hands in the air, offer no solutions other than for calling bush an idiot, blaming greenspan as a bush appointee, even thogh he was there thru clinton, then praising the current guy and saying bush had nothing to do with it, and it doesn't really matter anyway. How many sides of the fence do you really sit on... wait, lemme guess, the one that allows you to make a pile of cash, then when it goes away, the one you can bitch about.
And never, not once have you said...
"you know what, I made a piss pot full of money throwing these ARMS all over and now the well has dried up, and I was at least partially to blame."
I'd just like to know when you start selling used cars or burial plots... so I can stay away. For me, you have zero street cred.
Why am I being an ass? because for over 80 pages I've listened to you bitch. i've listened you you whine. I've listened to every blessed word that spews forth. I've even alluded to your status as a mortgage broker long ago. you didn't come clean. So, screw it... there you go.
and the pigs... got ate.