Sunday, October 17, 2010

WOW!

A thousand times worse than we thought!


http://www.msnbc.msn.com/id/21134540/vp/39676183#39676183

One way of looking at this piece is that it suggests most real estate in the last 15 years has been securitized, meaning, that proper paperwork has not been filed, and if investigated, much of it doesn't have a clear owner.

This is dynamite, and suggests an eventual total hose up of the real estate industry..

that could last decades.

1 comment:

Penny Stock Investing said...

Wow What happens next the unthinkable has already happened.