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View Full Version : when is the Big Bailout coming?



grapejelly
12-14-07, 05:35 PM
C'mon, you know it's coming.

The Big Bailout is the one that will include...

1. government buyback of mortgage portfolios disguised as long term loans

2. government buyback of bank REOs, disguised as a "loan"

3. government doing FHA loans to anyone in any circumstances

The banks like WaMu, Countrywide and Wells Fargo and all are dragging their feet not doing workouts very quickly and not working to sell their REOs. Why? Because the Big Bailout is coming.

Buy gold.

Contemptuous
12-14-07, 06:29 PM
Yessir. I got my marching orders. Roger Wilco.