RealEstateTalk asked:
Federal Reserve injected $38 billion into credit markets on August 10, 2007 to ease panic in a jumpy week on Wall Street.






July 25th, 2008 at 3:04 pm
thehelpfund.blogspot
July 28th, 2008 at 10:40 am
Good post, check out the-crunch com for more credit crunch and house price news. Also forums and more related videos.
July 29th, 2008 at 12:50 pm
gambling is fools game.
July 31st, 2008 at 8:52 am
its all a big poker game some you win some you lose
August 3rd, 2008 at 2:57 am
can’t afford it - losing value - a loss…sad
August 3rd, 2008 at 8:31 pm
Yes he is, but at least he has some skin in the game since he said he’s putting 20% down. He’ll lose all that equity pretty quickly though since prices in that area need to (AND WILL) fall 50%.
The misconception that it’s now a “good time to buy” is total hogwash. This decline has only just started……
August 6th, 2008 at 10:01 pm
Yes! And it’s necessary!
August 9th, 2008 at 11:46 pm
another wall st crash coming? (hope not)
August 10th, 2008 at 7:06 am
the man buying a home he cant afford is a fool
August 13th, 2008 at 10:19 am
that man buying a home is a fool
August 16th, 2008 at 6:33 pm
Bank Runs will be more common, take your money out now, while you still can. This global credit crisis will hit every Bank. Government guarantees on banks could take 6 months to 2 years to retrieve your money. Australian banks don’t guarantee deposits, only that depositors will have first claim to bank assets. Most countries have limits on guarantees, USA it’s 100K per PERSON (even if you have multiple accounts across different banks).
August 19th, 2008 at 3:36 pm
38 Billion Dollars! All due for repayment in 14 days. Now doesn’t that make you feel secure?