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A homebuilding and mortgage-finance company. The Company consists of six segments: four geographically-determined homebuilding regions, financial services, and corporate.
The housing bill is a huge deal. I don't think people realize how big.
yeah, you lose many caps points! That's not a big deal, get over it.
your a chump if you have nothing interesting to say or of use don't fill up my space with cr*p, look at my time frame you idiot i don't care what it does on an intraday basis only what it ends up at after my pick time frame (3 years).Also you write like your FOTB
I have something useful and constructive to add. Do you still think the housing bill was a good idea? Now that they didn't buy up bad debt like they said, and now that we have no idea what our government will try to buy and screw up next. The housing bill was a terrible idea and we were pressured into it.Personally, I emailed my congressmen and told them that if they voted for it, I wouldn't be voting for them.
In hindsight the bill was rushed i agree, however if the government had bough up the toxic debt liked it promised it would have help those firms who are now struggling to value huge portions of there portfolio's.But in principle i agree it was a rushed reaction by the gov to try and stem the problem.however i believe the whole sub prime can be summed up by one word which i haven't heard yet 'GREED' unlike the 50-60's people no longer know how to save and want we everything NOW which has created a culture of credit and borrowing (against our homes too) which has now kicked us in the ass we need to reinforce the values of yesteryear to some degree. i wish i had stuck to my original prognoses i mentioned in my blog in regards to HELOC's i would be a lot happier and richer now if i had.
Well, I can't argue with that. You pretty much hit it dead on with Greed being the the root cause, closely followed by stupidity.
Greed is what others have that causes them to want to make money in the stock market.
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