Not suprising, arsenic is arsenic. - Reader comments at The New York Sun

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Reader comment on:
Homeowner Equity Hits All-Time Low, Fed Says

Submitted by Thomas D O'Rourke, Mar 6, 2008 13:14

Unfortunately, most Americans are financially illiterate. Their liability (mortgage) is the banks asset, soon to be marked "non-performing" which is game over for banks.

MBS/CDO's etc. I wonder what MBA program taught these Wall St. wunderkinds that if you mixed arsenic into an institutions meal, somehow it wouldn't be arsenic anymore.

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Comment	By	Date
I am in the construction business myself, not much by choice but due to the Reagan Revolution..or Counter Revolution. But... [MORE]	datadave	Mar 7, 2008 05:53
Unfortunately, most Americans are financially illiterate. Their liability (mortgage) is the banks asset, soon to be marked "non-performing" which is...	Thomas D O'Rourke	Mar 6, 2008 13:14

Reader comment on:Homeowner Equity Hits All-Time Low, Fed Says

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Homeowner Equity Hits All-Time Low, Fed Says