Comments on: Wamu Lending http://www.ritholtz.com/blog/2008/12/wamu-lending/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 08:40:44 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Greg0658 http://www.ritholtz.com/blog/2008/12/wamu-lending/comment-page-1/#comment-136021 Greg0658 Sun, 28 Dec 2008 14:09:54 +0000 http://www.ritholtz.com/blog/?p=14107#comment-136021 possesion is 9/10ths of the law why not with the availability of cash like it was let out contracts to hometown boys who buy from hometown yards who pay taxes to homecounty assessors with the help of hometown lawyers and why - because they were the hometown powerbroker like Hank said (I'm paraphrasing) "once its created its everybody problem" and to complete this posts circle "possesion is 9/10ths of the law" ie Debt possesion is 9/10ths of the law
why not with the availability of cash like it was

let out contracts to hometown boys who buy from hometown yards who pay taxes to homecounty assessors with the help of hometown lawyers and why – because they were the hometown powerbroker

like Hank said (I’m paraphrasing) “once its created its everybody problem”

and to complete this posts circle “possesion is 9/10ths of the law” ie Debt

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