Comments on: On my street – a look at the US financial crisis http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/ Mon, 06 Feb 2012 01:49:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Roger Stevens http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6441 Roger Stevens Wed, 08 Oct 2008 20:44:38 +0000 http://www.on-a-limb.com/?p=1927#comment-6441 In the UK they are going to part-nationalise the banks. Wow! Who thought that would ever happen? In the UK they are going to part-nationalise the banks.
Wow! Who thought that would ever happen?

]]> By: Los Angelista http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6440 Los Angelista Wed, 08 Oct 2008 15:52:16 +0000 http://www.on-a-limb.com/?p=1927#comment-6440 Thank you so much for writing this. I am seeing the same things here in LA. Absolutely heartbreaking to see folks lives so altered by the rampant greed that encompasses our financial industry. Thank you so much for writing this. I am seeing the same things here in LA. Absolutely heartbreaking to see folks lives so altered by the rampant greed that encompasses our financial industry.

]]> By: ceo http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6439 ceo Wed, 08 Oct 2008 13:28:46 +0000 http://www.on-a-limb.com/?p=1927#comment-6439 I have a meeting with one of these people in an hour and a half. She wants a miracle to occur, again. Thank you for this piece, I work with these folks daily. They are bitter. I have a meeting with one of these people in an hour and a half. She wants a miracle to occur, again.

Thank you for this piece, I work with these folks daily. They are bitter.

]]> By: footpad http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6438 footpad Tue, 07 Oct 2008 22:33:43 +0000 http://www.on-a-limb.com/?p=1927#comment-6438 A lot of people are going to be affected by the crisis. We know these people. We are these people. Thanks for sharing this. -- f A lot of people are going to be affected by the crisis. We know these people. We are these people.

Thanks for sharing this.

– f

]]> By: Jaon Kremer http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6437 Jaon Kremer Tue, 07 Oct 2008 22:14:07 +0000 http://www.on-a-limb.com/?p=1927#comment-6437 Wow. Powerful post - made me cry. Especially having read an earlier story about the $440,000 of company money the AIG executive team just spent on a weeklong spa retureat - <i>after</i> being bailed out by the taxpayers (including the ones losing their homes). I don't understand this crazy world. Joan Wow. Powerful post – made me cry. Especially having read an earlier story about the $440,000 of company money the AIG executive team just spent on a weeklong spa retureat – after being bailed out by the taxpayers (including the ones losing their homes). I don’t understand this crazy world.

Joan

]]> By: perpstu http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6436 perpstu Tue, 07 Oct 2008 19:35:48 +0000 http://www.on-a-limb.com/?p=1927#comment-6436 It's all very sad! I'm glad you and D are the happy ending in your story! XOXOXO It’s all very sad! I’m glad you and D are the happy ending in your story!

XOXOXO

]]> By: AnitaK http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6435 AnitaK Tue, 07 Oct 2008 17:57:13 +0000 http://www.on-a-limb.com/?p=1927#comment-6435 Wow- either I live in an extremely stable and boring area or I don't know enough gossip! There is one house for sale on our block (for about six months) because the lady got married. She had lived there for about a year, so I think she is asking peak price (to match what she paid). I heard another neighbor is relocating for work and will have to put her house on the market- that is worrisome. We are young and got into this first mortgage right before the super crazy lending- but I thought that the mortgage company had pre-approved us for too much money. Luckily, we tried to low-ball our real estate agent so that we didn't max out to where the mortgage company *thought* we could afford. But it was hard to find a reasonably priced house. We paid TWICE what the previous owners had paid seven years prior. Wow- either I live in an extremely stable and boring area or I don’t know enough gossip! There is one house for sale on our block (for about six months) because the lady got married. She had lived there for about a year, so I think she is asking peak price (to match what she paid). I heard another neighbor is relocating for work and will have to put her house on the market- that is worrisome.

We are young and got into this first mortgage right before the super crazy lending- but I thought that the mortgage company had pre-approved us for too much money. Luckily, we tried to low-ball our real estate agent so that we didn’t max out to where the mortgage company *thought* we could afford. But it was hard to find a reasonably priced house. We paid TWICE what the previous owners had paid seven years prior.

]]> By: Janet http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6434 Janet Tue, 07 Oct 2008 17:39:29 +0000 http://www.on-a-limb.com/?p=1927#comment-6434 The house across the street from us was for sale for over a year...and now there's a sign on it that it's owned by the bank. Not sure what happened to the former owners other than that they moved to FL. A house up the street caught fire somehow this weekend and was promptly torn down. This is the house I went to weekly for piano lessons. So sad... This street has changed so much over the years...houses have been torn down (bad), renovated (good), caught fire and seemingly deserted. The house across the street from us was for sale for over a year…and now there’s a sign on it that it’s owned by the bank. Not sure what happened to the former owners other than that they moved to FL.

A house up the street caught fire somehow this weekend and was promptly torn down. This is the house I went to weekly for piano lessons. So sad…

This street has changed so much over the years…houses have been torn down (bad), renovated (good), caught fire and seemingly deserted.

]]> By: Ivanhoe http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6433 Ivanhoe Tue, 07 Oct 2008 17:33:48 +0000 http://www.on-a-limb.com/?p=1927#comment-6433 That is so sad. Except the BBQ guy of course :o) I think that people like that will help rebuilt the economy. I just got my quarterly 401k report and I'm too scared to look. It went straight to my filing cabinet. I do not want to get upset more than I already am. That is so sad. Except the BBQ guy of course :o )
I think that people like that will help rebuilt the economy.
I just got my quarterly 401k report and I’m too scared to look. It went straight to my filing cabinet. I do not want to get upset more than I already am.

]]> By: meta4man http://www.on-a-limb.com/2008/10/on-my-street-a-look-at-the-us-financial-crisis/#comment-6432 meta4man Tue, 07 Oct 2008 17:08:30 +0000 http://www.on-a-limb.com/?p=1927#comment-6432 Without being able to notice, or know my neighbors this well, I suspect a lot of this has gone on in my neighborhood, and everyone else's. The easy credit years allowed a lot of people to get into homes, and predators to make every cent possible off of them. I'm no bleeding heart, but this whole process is sickening. Greed. Without being able to notice, or know my neighbors this well, I suspect a lot of this has gone on in my neighborhood, and everyone else’s.

The easy credit years allowed a lot of people to get into homes, and predators to make every cent possible off of them. I’m no bleeding heart, but this whole process is sickening.
Greed.

]]>