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raman kandola: Bear Stearns: is that bail-out, or "plunger protection" working the market as a whole ? - 03/17/08 06:19 AM
A forced marriage by the FED FED must stop the chain reaction before it happens or almost every major finanical institute would face a severe counter party risk based write down(much more uglier than sub-prime). cheap load(arranged friday) to BSC is useless too as no one would think that is enough and the run would continue and BSC would be forced to file chapter 11. So they need some big guys to boost the confidence, i.e. JPM. JPM doesn't really want it or else what would be the difference between 1.28B(that is more likely to be approved quickly by the share … (8 comments)

raman kandola: orange county foreclosure" "blood bath" - 09/02/07 03:41 PM
Is the term "blood bath" over-used and lost its impact? "It's a blood bath," said a VP at PIMCO about the
current market conditions. Yes, rates have crept up. Yes, property values have gone down in some over-inflated,
speculative areas of the nation, and the national median home price may have its first annual decline since the
1930's.  Yes, some portions of the economy are slower than others: confidence among homebuilders fell in June
to the lowest since February 1991, according to the National Association of Home Builders/Wells Fargo index. But
overall consumer confidence is stable, rates are still low by … (2 comments)

 

raman kandola

San Jose, CA

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kandola mortgage services

Address: 2166 the alameda, san jose, ca, 95126

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