Thornburg's a Huge Bargain After Monday's Crash [View article]
Jack, several S&L's went under 89-93, with conservative mortgage underwriting. They fell victim to negative asset/liability gap, newly de-regulated deposits, rising federally insured deposit limits, and rising rates. Many went under, with insignificant loan losses.
Thornburg's a Huge Bargain After Monday's Crash [View article]
To quote Monk, this thread had me 'lol...out loud'. Quite the drama! To all the small investor's out there; no one, and I mean no one, cares about your money except YOU. Bankers, hedgefund managers, stock brokers, posters on Seeking Alpha, will NOT lose one second of sleep if you lose everything and end up sleeping under a bridge. You are on your own, whether you believe it or not! Let this be a lesson.
Thornburg's a Huge Bargain After Monday's Crash [View article]
Thornburg's a Huge Bargain After Monday's Crash [View article]
Quite the drama!
To all the small investor's out there; no one, and I mean no one, cares about your money except YOU. Bankers, hedgefund managers, stock brokers, posters on Seeking Alpha, will NOT lose one second of sleep if you lose everything and end up sleeping under a bridge. You are on your own, whether you believe it or not!
Let this be a lesson.