Skip to Content.
Sympa Menu

homestead - [Homestead] A better and humorous explanation of the mortage economic collapse

homestead AT lists.ibiblio.org

Subject: Homestead mailing list

List archive

Chronological Thread  
  • From: bobf <bobford79 AT yahoo.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: [Homestead] A better and humorous explanation of the mortage economic collapse
  • Date: Fri, 2 Jan 2009 12:42:23 -0800 (PST)

I found this on another site. It is short,, to the point, and funny. It
also contains some gross language that some might find offensive. If you are
bothered by gross language, you would probably want to delete now, rather
than read.

------------------------------------------------------------------------










"Forrest Gump Explains Mortgage Backed Securities

Mortgage Backed Securities are like boxes of chocolates.

- Criminals on Wall Street stole a few chocolates from the boxes and replaced
them with turds.

- Their criminal buddies at Standard & Poor rated these boxes AAA Investment
Grade chocolates.

- These boxes were then sold all over the world to investors.

- Eventually somebody bites into a turd and discovers the crime.

- Suddenly nobody trusts American chocolates anymore worldwide.

- Hank Paulson now wants the American taxpayers to buy up and hold all these
boxes of turd-infested chocolates for $700 billion dollars until the market
for turds returns to normal.

- Mama always said: "Sniff the chocolates first Forrest". "

http://www.jsmineset.com/







  • [Homestead] A better and humorous explanation of the mortage economic collapse, bobf, 01/02/2009

Archive powered by MHonArc 2.6.24.

Top of Page