Tuesday, April 22, 2008

It is so much more than a "credit crisis"

People need to pay attention to the ROOT of the problem.....far beyobd HOUSING Market!!!



The current credit crisis recently claimed another victim:
super prime mortgage lender Thornburg Mortgage.
Shareholder saw nearly 90% of their capital disappear over night when
the company was slammed by margin calls.
Among the losers: billionaire Richard Rainwater,

investing legend Bill Miller, and founder of the company Garrett Thornburg himself.
http://oneloanquote.com/?p=1751

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