D

Live Blog Feed

More Bad News About Subprime – But I Don’t Think So

Posted on January 7th, 2008 10:48am by Candy Evans
Filed under Uncategorized

Comments like these fom Treasury Secretary Paulson have a chilling effect on the market…. and actually, according to Forbes Magazine, there are plenty of solutions. Like Dalton Investments. This makes so much more sense than the government sticking its nose in to “save” these subprime mortgages. A, the loans should not have been made in the first place. B, if a company is hurting and sold on the auction block, most times the new owners don’t just shut it down (total loss) they nurse it along ’till they make it strong again. This is the principle Dalton is applying to subprimes.

One Comment to “More Bad News About Subprime – But I Don’t Think So”

D Home » Blog Archive » More Negative Subprime News To Start Our Monday @ January 7th, 2008 at 10:51 am

[...] all is not lost, as reported on Dallas Dirt. Leave a [...]