When between 2/3rds and 3/4ths of the bank losses have been business loans.
I have been studying bank stocks so that I could buy up the stocks of the stronger companies, and I do a very detailed analysis. So if you want a reference download the 10Ks from the SEC and do the math yourself because there are no simple articles that do the math for you I know of.Why were we lead to believe that Bank losses were mostly home mortgages?
There is this brainwashing that goes on I don't know what it called but Fox %26amp; Rush are part of it. They want their group of cult members or the RIP party to believe this so they will look away from business %26amp; put down all those nasty people who bought houses they couldn't afford (sarcasm)Why were we lead to believe that Bank losses were mostly home mortgages?
this is very interesting. I have always felt that whenever they have an economist that says ';oh we need to invest in the home mortgages'; that he is probably working for them. there are so many lies and untruths floating around now, I am to the point that i look up every source. and I see you do the same. I think if we keep digging, somewhere under all this is the real truth.
It makes it more convenient to blame homeowners rather than industry.
Did you really think Wall St was going to blame itself?
It's much easier to blame Frank, Dodd and the little man.
And don't forget the media's role in all this.
I wish John Stewart would go after the big fish: LARRY KUDLOW and his band of idiots!
'Goldilocks economy', my azzz!
What your Specifics of algebra and math besides additon and subtratction
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