She buys a house, dad loses his job and her arm resets to 8K a month..... What is that a 4million dollar home?
Somehow they are making 100K a year but didn't understand an ARM and wants to be bailed out.........
*chuckleheads*
That is moral hazard..... Where is natural selection when you need it.... And they couldn't figure out what was going on and sold the house...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, January 4, 2008
Some woman in new hampshire
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