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Lennar Corp. Message Board

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  • tomyris2001 tomyris2001 Nov 23, 2007 4:39 AM Flag

    The Terminator strikes again

    The lenders seem to think it is a good deal and my guess is they know more than you or I, plus if that is the case and similar plans can be applied elsewhere there may be an end to this mess.

    My view is that Paulsen's recent comments indicate that he is aware that with the trouble spreading to the financials the best way to avoid an ecomonic meltdown is to put a floor under the CDO's by schemes like this to halt the foreclosures. Once the CDO's attact a bid then things can start to get back to business as usual but not before.

    Expect Federal Government action soon .

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