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View Diary: “WhaleMu–JP Morgan’s Next Surprise?" by Michael Olenick (Part II of II) (73 comments)

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  •  That bundling might actually work (2+ / 0-)
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    ozsea1, chimpy

    It gives big money a reason to ensure that housing prices stabilize. All of a sudden they have "skin in the game", in a big way.

    Since I can rent my condo for positive cash flow, I suspect there is money to be made. If it clears the shadow inventory down to normal levels, gives the big money reason to want housing prices to go back up, it's doing some positive stuff.

    I know nothing at all about covered bonds and look forward to your diary(ies) regarding same.

    In theory, there is no difference between theory and practice; but in practice, there always is a difference. - Yogi Berra En théorie, il n'y a aucune différence entre théorie et pratique, mais en pratique, il y a toujours une différence. - Yogi Berra

    by blue aardvark on Thu May 24, 2012 at 06:58:32 AM PDT

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