Mr Mortgage

The "Ben is My Friend" Trade

good disclaimers by the way.

The "Ben is My Friend" Trade

there will be no 2nd half recovery...the street has been trying to shove that down everyone's throat for 3 weeks now. In the last 24-hours the IMF and Berne confirmed the US economy is not in a trough and GDP will likely be flat to lower into 2009. And that is a best-case housing recovery, which will not happen.

Lehman Brothers is Looking Sick Again

'Go Long' - good call. Just not on the upgrades. May at $10.

Lehman Brothers is Looking Sick Again

LEHMAN IS UNDER PRESSURE BECAUSE THEIR EARNINGS RELEASE/STATEMENT WERE FRAUDULENT AND LUCKILY DUE TO THE POWER OF THE INTERNET, EVERYONE KNEW ABOUT IT INSTANTLY. LEHMAN DESERVES EVERYTHING THEY GET FOR DECEIVING THE INVESTING PUBLIC.

BELOW ARE THE FACTS ABOUT LEHMAN'S EARNINGS. THESE ARE NOT RUMORS, BUT FACTS.

www.portfolio.com/news...

What Are Brokers' Exposures to Carlyle Capital?

Hi Barry,

The operative phrase is ..."Based on available information,". Just wait until the Pay Options, ALT-A, Prime and Home Equity loans start popping. They already are starting here in CA. As a matter of fact, in CA 66% of all new foreclosure activity are Notices of Default, which are the 90-day lates (preforeclosure). This means a wave is coming and the lip is just here.

Also, the impact from the 'negative equity effect' is just starting to be realized.

By the sounds of this report, they are still holding to their guns that this is still a 'subprime thing'. They should know better.