tag:blogger.com,1999:blog-6492542366661862113.post6333971024639429155..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: The Libor panic: Homeowners scramble to get out of Libor Based LoansJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6492542366661862113.post-83678932273799180302010-01-08T06:45:52.929-08:002010-01-08T06:45:52.929-08:00Your blog keeps getting better and better! Your ol...Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now keep it up!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-26692480153830552112008-04-27T15:32:00.000-07:002008-04-27T15:32:00.000-07:00avl So true. The sad part is there will eventual...avl<BR/><BR/> So true. <BR/><BR/>The sad part is there will eventually be some reforms of this fraud. <BR/><BR/>Then in 15 years or so when this is forgotten, the regulations will be modified and we will do the same thing all over again.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-61028159327631404332008-04-27T14:43:00.000-07:002008-04-27T14:43:00.000-07:00Jeff, where's your eye for art & creativity? Lib...Jeff, where's your eye for art & creativity? Libor based ARMs are an example of the "creativity" that Hank Paulson, Dubya, Christopher Dodd, Greenspan, Bernanke and Volker have all been on record as saying needs to be preserved. In their eyes, the only problems were sub-prime loans, predatory lenders, and fraudulent appraisals. Did I skip anything they agreed was bad?<BR/><BR/>In their eyes, the Libor connection is a non-issue. So far.<BR/>OK, I’m not even being facetious...I have yet to read where the cited above said ARMs pegged to defined metrics like Treasuries or Libor or Prime are bad.<BR/>That's why I suspect that somehow someway, this whole mess will repeat itself. I think they fear real reforms will’ throw the baby out with the bath water’.Avl Guyhttps://www.blogger.com/profile/12298355297869341807noreply@blogger.com