11.30.2007
WE HAVE HIT BOTTOM!
Cramer called it! BOTTOM! We have hit the sub-prime bottom. Sure we are going to have a massive amounts of mortgage resets next March OR somehow, the teaser rates are going to be locked in thereby obliterating the MBSs that hold them but somehow this is all going to work and we can start breathing easy and again invest in Countrywide, Wells Fargo, HSBC, MCI, Enron and Arthur Andersen. Phhhheeewwwwwww, thanks Jim!
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Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ... -
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
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