Thread: The New Bailout
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Old 03-28-2009, 07:23 PM   #12
sugarpop
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Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
I don't want to do the math. I understand the math. Do you understand my argument, or question rather?

Honestly, if banks had just renegotiated those mortgages to begin with, this may not have happened. Really.

And... whoever heard of an appraisal person asking the seller what price they would like their house appraised at? There was all kinds of trickses going on.
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