Why wouldn’t you buy it? If the underlying assets have increased over the past two years and the bonds are able to make the interest payments it’s a good way to stabalize income projections. The only reason someone wouldn’t buy this is because they are worried the housing market will blow up again or because they fear a double dip recession as a result of rising commodity prices.
Does anyone trust Bernanke? How about Turbo Tax Tim? This is just more fancy footwork and the taxpayers will still be on the hook in the end.
Now who would buy this stuff… What they didnt hear about the AIG collapse of the economy. Comon Man! you have to be kidding me.
Sarah,
Why wouldn’t you buy it? If the underlying assets have increased over the past two years and the bonds are able to make the interest payments it’s a good way to stabalize income projections. The only reason someone wouldn’t buy this is because they are worried the housing market will blow up again or because they fear a double dip recession as a result of rising commodity prices.