It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Libertas on March 07, 2011, 01:30:02 PM

Title: MERS - Prepare to lose what calm you may have left!
Post by: Libertas on March 07, 2011, 01:30:02 PM
http://www.nytimes.com/2011/03/06/business/06mers.html?pagewanted=1&_r=3 (http://www.nytimes.com/2011/03/06/business/06mers.html?pagewanted=1&_r=3)

 ::guillotine::
Title: Re: MERS - Prepare to lose what calm you may have left!
Post by: charlesoakwood on March 07, 2011, 03:14:05 PM

Quote
But this was the 1990s, an era of deregulation, and the mortgage industry won.

Really?



Quote
How many vice presidents and assistant secretaries have you appointed? the lawyer asked.

“I don’t know that number,” Mr. Hultman replied.

Approximately?

“I wouldn’t even be able to tell you, right now.”

In the thousands?

“Yes.”

Bill Clinton, Barney Frank, Goldman Sacs,...



Quote
Mr. Arnold stated that original mortgage notes were held in a secure “custodial facility” with “stainless steel vaults.”

Are these the same vaults Rush uses when he puts the day "in the can" and archives it?


Title: Re: MERS - Prepare to lose what calm you may have left!
Post by: Pandora on March 07, 2011, 06:41:50 PM
No, it's the same vault in which they're storing the SS money.
Title: Re: MERS - Prepare to lose what calm you may have left!
Post by: charlesoakwood on March 07, 2011, 06:58:25 PM
Quote from: Pandora on March 07, 2011, 06:41:50 PM
No, it's the same vault in which they're storing the SS money.

It's the same vault. ;D


Title: Re: MERS - Prepare to lose what calm you may have left!
Post by: Glock32 on March 07, 2011, 07:07:37 PM
Oh, you mean the vault where Chairman Zero's birth certificate is.
Title: Re: MERS - Prepare to lose what calm you may have left!
Post by: AlanS on March 07, 2011, 10:37:40 PM
Quote
MERS, founded 16 years ago by Fannie Mae, Freddie Mac ........

There's the biggest problem. ::puke::
Title: Re: MERS - Prepare to lose what calm you may have left!
Post by: Libertas on March 08, 2011, 06:48:01 AM
Every last SOB having anything to do with this entire mess should be in Leavenworth!   ::cussing::