Lehman Update 4/5/08

[kyu012]

I think your style of reporting and journalism is great. You state in depth facts without sensationalizing or rarely putting any bias spin on it. Great foresight btw.

[side1981]

This blog is really good.

[homesrustosave]

Attention Save Your Home Come To our site we will get you in contact with a loan modification expert for free visit homesaver(DOT)tk

[uturniaphobic]

great stuff! loved the rating guide! omg

I'll add: many of buyers out west(mostly) were illegal aliens..when it got scary they just left.

hey Homeland Security get your eyes off the screens and check this crud out!

[seacrestgi5]

you da man!

[BoogieWithStew]

Fantastic Mark - looking forward to your next vid.

[GrahamAndFriends]

the subprime/low doc mortgage market was destined to fail.

[zppz]

well done. this guy should be running a bank

[n4b3e1]

Such good analysis.. I'm hoping you were short Lehman all the way through!!!

[Susieshepherd]

Thank you for the video

[HBOMB99]

No worries the American taxpayer will bail out the greedy shysters!! LOL. HAHAHAHHA!!! The American taxpayer is the joke!! LOL!!

[midway27272727]

you hit it dead on !!!

[caganb]

He hit the nail on the head good job

Where is Lehman today? They deserve it

[bschinzel]

LOL. thanks for the news beat with your personal videos

dork

[Joyriser]

I will condense it down for you all.

1)Manipulated house prices based on a false economy.

2) hey guys.. sell those mortgage loans and you will each get the Porsche 911 as a monthly bonus prize and I will get my Bentley.

3)Dont worry about tomorrow. Think of the money!........Ooooooops what have we done!

[side1981]

The thought that there could be another and bigger forcloser wave is kind of amazing. Wonder what that will do to the rental market.

[green1gecko]

I love it. The condensed version of the nine minute video is... nine minutes long ;-) But you made this one much more accessible.

Your point about those with maxed out HELOCs having a better credit score was quite insightful.

[travisandlindsey]

Fantastic as always! Can't wait for the next video.

[makoshark123456]

my mind reels. darwin's thesis needs to take these people out. unassailable facts...doom.

[ajas95]

It's hilarious that there are DTI requirements on stated income loans.

Don't forget-- Merrill owns first franklin, Capital One has greenpoint, GMAC has homecomings... a lot more carnage coming.

[PeakedEarth]

Great video. What do you think the chance is the Leham goes the way of Bear Stearns?

[markmti]

DB has Pay Option ARMs, they are in trouble too. I will try to do three companies a week. Next scheduled is Wells, Pay Option ARMs and Fed stats re: subprime/alt-a defaults.

[mortgagetrader]

HEY DOROTHY! You want me to post over here? I don't give a rat's ass which of your videos I post in. Seen better postproduction in a porn.

Back to the point now... you've heard the term "risk management"??? The best risk managers are now all running private equity. That just left the idiots and the new kids at your 5 favorite IBs. That's why they're in trouble now.

Dorothy, is any of this sinking in yet?

Say, what's with the hairdo in this video? $15 supercut or your head uneven?

[markmti]

Private Equity, huh? I have seem the PE firms systematically get their heads handed to them trying to be the heroes...Snow and Cerberus come to mind in that respect.

[mortgagetrader]

C'mon Dorothy... now you sound more like the Scarecrow (remember him? the one that wanted a brain?)

The topic at hand is RISK MANAGEMENT. Perhaps you've heard the old adage, "Don't confuse brains for a bull market"??? Any jerk can make dough in a raging bull, agree with me there? But when the bull turns bear, that's when the RM team makes $ for the rest of us. How each firm manages risk is now paramount. Those who do it well prosper, the rest will perish. Snow and Cerberus took bad risks

[sirbadman]

Can you cover some of the other companies/brokers that are definitely screwed? I'm hearing Royal Bank of Scotland, HSBC have lots of MBS exposure. I get cynical because its common knowledge that Bear Stearns and Lehman have been slammed in share price on the back of gossip and rumours - i am not saying that it was unjustified - I'd just like to get an idea of some of the companies that are under the radar and yet to face the music.

[meekbrea]

Once again thanks for the info and education.

People need to learn what the truth is and in my

opinion. You are only getting lies in the main

stream media. Check out the manoftruth channel.

Keep the great videos coming. Off to buy some

puts on LEH!

[keenking1]

Iam surprise DB is holding up at such a high price

[seabassbanker]

you rock!!!

[TAX2000]

GOOD ONE

[tyronebiggums3]

My opinion:

Lehman... toast.

Silicon Valley... toast.

[Buckeyefan2011]

In what, the housing market or job market for Silicon Valley?