From 2000 to 2006,USA real estate price has raised 80%. In hitherto unknown real estate carnival, banking institution promises that you can buy a house to the people who wants to buy a house, disregard your invisible income how, you can return a house a loan with borrowing money coming the price rising because of house price is able to rise forever.
When giving out building loan, banking institution the heart of not having fearing to risk also completely, confess because of person does not remove a month Fu even if borrowing money, building price rises being unable to will be the value go up guaranteeing feasible. Wall Street packs these loans but , apply the extremely complicated finance implement to break up these bonds, the investor to the whole world puts on sale, become Wall Street gaining the enormous profits engine.
Image other the Wall Street company is the same, Lehmann Fuerde decides a fleetness put in in arriving at the thick profit house loan marketplace. On 2004, Lehmann buy the BNC house loan company who has gone to California , be a company's turn to extend a loan also to those extremely bad credit precis writer person. Lehmann have bought Aurora Loan Services LLC down, the people that this company records to not entire certificate also extends a loan. According to news report , the first half of the year in 2007 of Pengbo agency,every moon provides a loan of Aurora like this with regard to giving out 3 billion U. S. dollar.
Lehmann real estate business set a record gaining a profit of helps whose marketing of capital market branch to increase by 56% from 2004 to 2006 suddenly and forcibly , more growing than investment bank and assets administrative department speed is fairly quick. Lehmann have appeared on in 2005 , in 2006 , in 2007 set a record gain a profit of. All all these , general idea including square blindness of loan , providing a loan of method, these extremely complicated finance implements that Wall Street creates as well as, pack the loan , break up , sell to the whole world to be building-up on the hypothesis holding a carnival blindly: Building price will be able to go up forever.
These most probably absurd hypotheses now, that time entire society all is to firmly believe. "This seems as if prophecy " , Haruisi that a oneself verifies say right away ", somebody all accepts sth. as true , that everybody believe in real estate price really to the at last is able to always rise, because of our times in a hitherto unknown economic growth while every individual speaks all in this way". Haruisi said this is really not that blindness such appearing on the first time believes. "Before science and technology foam breakdown, everyone is that such speaks also all". Fact is that the science and technology foam is shattered but, wealth of many people comes to naught.
Wall Street never is expecting the fault , real estate market 20%'s go down house property that can make the so many people abandon them in the afterwards. Upper complicated finance of building here derive from feasible USA of implement and the whole world finance system almost are close to breakdown. When Bafeite is in 2003, point out a finance right away derive from product, that these make implement clear almost person can not is "a large-scale finance antipersonnel weapon ", but who can listen to being unpleasant to the ear entering such during the period of the proprietor all makes money earnest advice. "Wall Street looks like before backwoods in fact right away western part ".
Chief of Morgan Da Tong The Economists Gelasiman (James Glassman) says when once chatting to the correspondent "several
When giving out building loan, banking institution the heart of not having fearing to risk also completely, confess because of person does not remove a month Fu even if borrowing money, building price rises being unable to will be the value go up guaranteeing feasible. Wall Street packs these loans but , apply the extremely complicated finance implement to break up these bonds, the investor to the whole world puts on sale, become Wall Street gaining the enormous profits engine.
Image other the Wall Street company is the same, Lehmann Fuerde decides a fleetness put in in arriving at the thick profit house loan marketplace. On 2004, Lehmann buy the BNC house loan company who has gone to California , be a company's turn to extend a loan also to those extremely bad credit precis writer person. Lehmann have bought Aurora Loan Services LLC down, the people that this company records to not entire certificate also extends a loan. According to news report , the first half of the year in 2007 of Pengbo agency,every moon provides a loan of Aurora like this with regard to giving out 3 billion U. S. dollar.
Lehmann real estate business set a record gaining a profit of helps whose marketing of capital market branch to increase by 56% from 2004 to 2006 suddenly and forcibly , more growing than investment bank and assets administrative department speed is fairly quick. Lehmann have appeared on in 2005 , in 2006 , in 2007 set a record gain a profit of. All all these , general idea including square blindness of loan , providing a loan of method, these extremely complicated finance implements that Wall Street creates as well as, pack the loan , break up , sell to the whole world to be building-up on the hypothesis holding a carnival blindly: Building price will be able to go up forever.
These most probably absurd hypotheses now, that time entire society all is to firmly believe. "This seems as if prophecy " , Haruisi that a oneself verifies say right away ", somebody all accepts sth. as true , that everybody believe in real estate price really to the at last is able to always rise, because of our times in a hitherto unknown economic growth while every individual speaks all in this way". Haruisi said this is really not that blindness such appearing on the first time believes. "Before science and technology foam breakdown, everyone is that such speaks also all". Fact is that the science and technology foam is shattered but, wealth of many people comes to naught.
Wall Street never is expecting the fault , real estate market 20%'s go down house property that can make the so many people abandon them in the afterwards. Upper complicated finance of building here derive from feasible USA of implement and the whole world finance system almost are close to breakdown. When Bafeite is in 2003, point out a finance right away derive from product, that these make implement clear almost person can not is "a large-scale finance antipersonnel weapon ", but who can listen to being unpleasant to the ear entering such during the period of the proprietor all makes money earnest advice. "Wall Street looks like before backwoods in fact right away western part ".
Chief of Morgan Da Tong The Economists Gelasiman (James Glassman) says when once chatting to the correspondent "several
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