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Yikes, another cry of fire in a crowded movie theatre
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djmcountryboy
Posted 10/5/2009 19:02 (#872198)
Subject: Yikes, another cry of fire in a crowded movie theatre


Mascoutah, Illinois
Whitney Tillson released some comments today saying that HUD currently has taken on more leverage than Bear Stearns before its collapse last fall. Tillson was one of a handful of folks who predicted the subprime meltdown that lead to the banking collapse. I didn't know HUD could leverage anything. I guess the alarm is being sounded, but I don't know what it means.
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