http://matrix.millersamuel.com/?p=3719 Interpreting the Real Estate Economy Mon, 06 Sep 2010 23:56:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://matrix.millersamuel.com/?p=3719&cpage=1#comment-166279 Edd Gillespie Fri, 13 Mar 2009 17:18:31 +0000 http://matrix.millersamuel.com/?p=3719#comment-166279 <p>I share your ambivalence or confusion, but it has dawned on me that nobody seems to know what to do with these banks.<br /> I'm at the point I don't know what to think and there is no information to study. I don't know what a toxic asset is, but apparently they are out there creating their chaos and somebody recognizes them. My bet is most of us would call a toxic asset a down right lie, but what do I know. I used to think somebody was tending the shop. I don't know who I thought that was, but I knew banks were concerned about going broke due to imprudent behavior.<br /> Guess not. If going bank bust is the concern I have been taught to believe it is it sure is hard to escape the conclusion that the rascals have got to go. Course it was a whoopee ride until somebody shut off the lights. I'm going to let Geithner figure it out and then if Obama needs me to do something, like fast, quit driving, move into a tent or something, I'll be there. These guys are at least trying to lead the country out of the valley.</p> I share your ambivalence or confusion, but it has dawned on me that nobody seems to know what to do with these banks.
I’m at the point I don’t know what to think and there is no information to study. I don’t know what a toxic asset is, but apparently they are out there creating their chaos and somebody recognizes them. My bet is most of us would call a toxic asset a down right lie, but what do I know. I used to think somebody was tending the shop. I don’t know who I thought that was, but I knew banks were concerned about going broke due to imprudent behavior.
Guess not. If going bank bust is the concern I have been taught to believe it is it sure is hard to escape the conclusion that the rascals have got to go. Course it was a whoopee ride until somebody shut off the lights. I’m going to let Geithner figure it out and then if Obama needs me to do something, like fast, quit driving, move into a tent or something, I’ll be there. These guys are at least trying to lead the country out of the valley.

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