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Bank of America Corporation Message Board

  • acanova2001 acanova2001 Feb 13, 2009 8:44 AM Flag

    My position on Mortgages

    This is the part that is upsetting. If investor A stretches to buy a home that he can't afford (he will live in this home but it is also an investment let's face it) the govt is not going to bail these guys out / restructure. Investor B buys some common shares at $35-40 per share and then gets wiped out. Shouldn't they get some sort of bail out? It is pretty much the same concept.

 
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