Second if the deed is ethical but doesn't make fiscal sense,(sn't sustainable) then don't do it.

Do not act in a negligent manner while operating your business.

I think it would also be another good learning tool to work with someone in that manner.

My father and I have gotten great deals in this manner.

Some lenders operate in the same manner.

Either way, the assets need to be liquidated - I just prefer they do it in the swift manner privatizing it can accomplish.Which is what I intend to continue doing.www.BillionDollarBailout.com

If you were in his position, can you HONESTLY say you would be thinking about the long term sustainability of the economy???

I'll second the Monday being interesting, the Fannie & Freddie derivatives are being settled that day in an auction-esque manner-could be some people needing to come up with some large cash quick.

I agree with Lee Common & others-Owner finance or other creative financing may take off as good people cannot be approved for a mortgage.I make no predictions regarding banks and politicians fixing anything in a logical or timely manner unless it lines their own pockets.

That debts are personal and that credit worthiness of the investor is not known and cannot be assigned in this manner.