Bill Gross: The Housing/GSE Bill Is Best Way Out of Credit Crisis [View article]
"lowering the cost of mortgage credit via the omnibus housing/GSE bill now placed before the Congress and the President is the best way to begin the long journey back to normalcy."
If normalcy equates to the continued fleecing of the middle class through a government sponsored bailout, then I agree with your statement. Go get your sheers Bill for it's obvious that you will continue to be selling my wool!
The WSJ Is Wrong on the Housing Crisis [View article]
When you download the q407 SEC filing of the WSJ author's hedge fund, you find:
* 80,000 shares of Lennar * 72,000 shares of Centex * 165,000 shares of DR Horton * 20,000 shares of Hovnanian * 14,000 shares of Meritage * 110,000 shares of Pulte * 70,000 shares of Toll Brothers
And, just for kicks:
* 27,000 shares of Bear Stearns * 170,000 shares of Citigroup * 130,000 shares of Goldman Sachs * 65,000 shares of Citizens Bank * 440,000 shares of Morgan Stanley * 102,000 shares of Morgan Stanley China
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Latest | Highest ratedBill Gross: The Housing/GSE Bill Is Best Way Out of Credit Crisis [View article]
If normalcy equates to the continued fleecing of the middle class through a government sponsored bailout, then I agree with your statement. Go get your sheers Bill for it's obvious that you will continue to be selling my wool!
Friday Outlook: Commodities, Emerging Markets [View article]
Saving the Economy with IRA Funds [View article]
The WSJ Is Wrong on the Housing Crisis [View article]
* 80,000 shares of Lennar
* 72,000 shares of Centex
* 165,000 shares of DR Horton
* 20,000 shares of Hovnanian
* 14,000 shares of Meritage
* 110,000 shares of Pulte
* 70,000 shares of Toll Brothers
And, just for kicks:
* 27,000 shares of Bear Stearns
* 170,000 shares of Citigroup
* 130,000 shares of Goldman Sachs
* 65,000 shares of Citizens Bank
* 440,000 shares of Morgan Stanley
* 102,000 shares of Morgan Stanley China
From a Calculating Risk comment