11-09-2007, 08:41 AM
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Practice Makes Perfect
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Join Date: Mar 2007
Posts: 383
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No value assured, indeed...
http://www.bloomberg.com/apps/news?pid=20601087&sid=adXXyMqLcEdk&refer=worldwide
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``Any financial institution holding any of this paper doesn't really have a good grasp on what the true value is,'' said Michael Nix, who helps manage $800 million at Greenwood Capital Associates, in Greenwood, South Carolina, including 116,864 Wachovia shares. ``(emphasis added by poster)
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Maybe that's because the bank doesn't really "hold" the paper?
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11-10-2007, 02:32 AM
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Come and Get Some!
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Join Date: May 2006
Posts: 1,135
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EXACTLY!!! Let the truth be known!
Great post!
__________________
Any fool can hire an attorney. It takes a touch of genius-and a lot of courage-to move in the opposite direction.
Beware lest any man spoil you through philosophy and vain deceit, following the tradition of men according to the rudiments of the world, and not in accordance with Christ.
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11-10-2007, 03:26 AM
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Come and Get Some!
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Join Date: May 2005
Location: Colorado.
Posts: 6,274
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11-10-2007, 06:28 AM
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Practice Makes Perfect
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Join Date: Mar 2007
Posts: 383
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Quote:
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Originally Posted by David Merrill
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After having gone through foreclosure, and learning the truth behind the scam of banking, it is really amazing to see Bernanke using the terms I know to be esoteric.
He actually reveals, through his speech, that the "bank" that one pays their mortgage payment to is not the "lender", but only the "servicer". |
11-10-2007, 10:38 AM
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Come and Get Some!
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Join Date: Nov 2005
Location: Illinois Republic
Posts: 3,313
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Quote:
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Originally Posted by David Merrill
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Quote:
Thank you.
I would be pleased to answer your questions.
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I have posted plenty of questions on this site that I do not think he would "be pleased to" HAVE to ANSWER TO.
Most of these questions have been "answered" by his ESQUIRE brethren, herein, in the manner in which he would possibly attempt, unless actually compelled to honesty and truth.
Perhaps he could be waterboarded or given sodium pentathol, or both, or maybe just taken out somewhere... |
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