Lehman Update 4/5/08
Uploader Comments (markmti)
Top Comments
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you rock!!!
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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.
All Comments (30)
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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.
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This blog is really good.
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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!
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you da man!
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Fantastic Mark - looking forward to your next vid.
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the subprime/low doc mortgage market was destined to fail.
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well done. this guy should be running a bank
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Such good analysis.. I'm hoping you were short Lehman all the way through!!!
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Thank you for the video
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.
markmti 3 years ago
This comment has received too many negative votes show
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?
mortgagetrader 3 years ago
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.
markmti 3 years ago