BS Detector

Comment Stream » DBO

Comment Stream
Filter comments by:
Highest rated Latest comments
  • How Will Freddie and Fannie's Lifeline Affect US and Asian Banks?
    "both Fs have had to get government support..."

    Not at all. Strictly speaking, no additional support has occurred. The news is that the government is working on changes that would provide greater support IF IT'S NEEDED. It hasn't yet been needed.

    "...the last mortgage “up” cycle lasted from September 1999 (when annual growth in mortgage lending contracted by 5%) until November 2005, when it peaked at an annual rate of 44%. Back of the envelope work suggests that “down” cycles last an average of three years, suggesting that the current down-cycle will last until around the middle of 2010."

    Um, if the last up cycle ended in 11/05, and down cycles last three years, how do you get to mid-10?
    Jul 14 03:50 am |Rating: 0 0 |Link to Comment |View article

BS Detector's Comments Stream Stats

  • 299 Comments, 65 , 55
  • Total Comment Stream rating - = 10