jimmy g

The Hedge Fund of America, LP

Went thru the S&L bailout timwe - all the loans came back despite being 6-8% in a hyper rate environment of 14-16% MMF rates. The taxpayers will make money in this deal as markets stabilize and real estate rebounds (and you know it will) - but run by gov't bleeding heart liberals (READ Obama, Clinton, Pelosi,Schumer) - they will impose burdens like stopping foreclusures on the middle/lower class who couldn't afford the loans in the first place and ruin the whole market process required to recover