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1. 

   Comment by encantoman on 13 December 2010:

   sorry for latenessin my comment, BBmyQ, but when I see guys like the former countrywide crew reforming to catch riches on the downside, I cant help but think that when they were ‘forced’ to lend, it was more of a brer rabbit, ‘please dont throw me into that thicket’ deal. the bigs needed feedstock of loans, any loan would do, to securitize.
2. 

   Comment by mozilloCEO on 13 December 2010:

   you know nothing. you’re an ant in the afterbirth.
3. 

   Comment by 2fuck2shit2 on 13 December 2010:

   What is the Key disfavors by Having Your Mortgage

   realmortgagepaid.blogspot. com
4. 

   Comment by high5flyer on 13 December 2010:

   The problems we are experiencing are not caused by sub-prime. It is a break down in society that is causing this problem! Japan experienced a decade known as the “Lost Decade.” Japan is now experiencing two decades of economic turmoil due to this crisis. The 3rd decade is starting for them! We are just starting down a similar path, so how long will our economic problems last? The US will not have a “Lost Decade,” but will have a “Lost Generation” due to how in debt young people have become.
5. 

   Comment by kosai19 on 13 December 2010:

   There won’t be a next one.
6. 

   Comment by vinayakaya on 13 December 2010:

   This problem can’t be addressed it can only be endured… However, enduring something like this will be impossible for our economy now that we have allowed the fed to waste the revenue for the next 30 years on failed bail outs.
7. 

   Comment by BBmyQ on 14 December 2010:

   more false BS–actually ACORN along with congress forced lenders to give credit to people with poor credit–and banks got greedy and did what they asked. That coupled with poor financial awareness of the borrower not reading thier loan documents caused the problem..
8. 

   Comment by MRMILO57 on 14 December 2010:

   nawkrm ……bud, that’s exactly what has been happening in Australia here, in Queensland they were called the ‘RENO KINGS’…..they buy a house that needs work, cheap as!… very cheap and tacky fittings and even used secondhand fixtures, sold it at a silly price within 1 to 3 months and people fell for it. Then there are the people with property portfolio’s, there to blame as well. From what I am hearing those people are becoming very worried.
9. 

   Comment by nawkrm on 14 December 2010:

   You’re absolutely right. People took out mortgages they knew they couldn’t afford simply because they expected to make a quikc profit by flipping the properties. The banks made those loans available, but those greedy flippers are the ones who chose to take a risks.
10. 

    Comment by mannyfeseha on 14 December 2010:

    thehelpfund.blogspot
11. 

    Comment by DrewDownsManagement on 14 December 2010:

    Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
12. 

    Comment by DebtElimination on 14 December 2010:

    good.
13. 

    Comment by marky1333 on 14 December 2010:

    Great vid thanks for the info.
14. 

    Comment by gunsandroses1111 on 14 December 2010:

    There is a recession around every 18 years. Let it pass through then everyone can get back to “borrow and spend” …. till the next one …
15. 

    Comment by papatoony on 14 December 2010:

    How can the problem be addressed?? All that money is GONE. The damage was done when the loans were given out…what can possibly be done about it at this point?
16. 

    Comment by MRMILO57 on 14 December 2010:

    Anyone that has taking on a mortgage in the past number of years (and deep down new they could not afford it) are to blame for this mess just as much as the banks and the corperations!
    I have no sympathy for either!

    Why should us innocent tax payers bale your greed and stupidity.
17. 

    Comment by bacaca88 on 14 December 2010:

    Just get ur credit card out as normal. Stop worryin. Can always pay next month. Who needs cash? Get on the dole and enjoy life. Its what you all deserve in Uk for fucking the place up.
18. 

    Comment by BLACKWINGEDBEING on 14 December 2010:

    Great real info!!!!
19. 

    Comment by mikeybrumbrum on 14 December 2010:

    AND.. isnt it the same as us, the peopel, since we are the ones who are payng this “bail out” fee, paying MORE for all our mortgages ??
    Its a con, and ht epeopel who made the con, should be brought to justice !!!!
20. 

    Comment by mikeybrumbrum on 14 December 2010:

    They lent LOTS of money so that house prices would increase dramaticaly.
    Then, they sold people “EQUITY RELEASE”, so that they could BUY half yur house off you. NOW, they say there is a crisis, so the house price will fall – SOON they will own your WHOLE house (or anyone who had equity release, anyway).
    So, WHO is gonna bail me out of my “equity release” problems, which could lead to me losing the WHOLE of my house, to these bankers ??
    NO oNE, thats who !
    NOOOOOOOOOOOOOOOOO !!!
21. 

    Comment by dojufitz on 14 December 2010:

    He makes some good points here – thanks for talking slower in this one – others are like manic talk SPEED!! lol…
22. 

    Comment by migrane222 on 14 December 2010:

    If this guy is correct, then watch e*trade (ETFC). See if its rally starts to roll over. It is one of the few banks he mentions by name in his posts, and though he doesn’t say it directly, he obviously thinks its doomed.
23. 

    Comment by migrane222 on 14 December 2010:

    First the earnings were terrible, but they did beat expectations, and for pps that’s all that matters. In fact, the financials probably will continue to rally. The point he is making is that we are between storms and the next one is bigger and about to pick up momentum.
24. 

    Comment by freddytuber on 14 December 2010:

    How come they just now posted good earnings and even raised dividends? Are they lying?
25. 

    Comment by javawhz on 14 December 2010:

    spot on!! terrific information, thanks!

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