1/26/2009

Economics homework.. kinda

"But for all the suffering, someone’s got to be benefiting from the crisis, right? That is the nature of the market game.

Consider, for instance:

1. The software company Autonomy, jointly based in Cambridge (U.K.) and San Francisco, whose stock price and profits are climbing because “most of the world’s leading banks were considering using its software to prepare for lawsuits related to the U.S. subprime mortgage crisis.”

2. The attorneys who will be participating in those suits. 

3. Prime borrowers who have seen mortgage rates fall to the lowest rates since 2005, and especially borrowers who may see the ceiling for “jumbo” rates rise by more than $300,000. Also, of course, first-time home buyers who have been waiting for prices to fall.

4. People who have spent the past 5 or 10 years stocking up on gold."


from here

saw that some other guys are copypasting instead of actually writing a homework.. I though that sometimes I could do that as well. (:

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