Monday, August 06, 2007

Party's Over

A Quick Recap: The Day The Credit Died

Dear readers - what a day. I wish I could recap everything that happened, and I might get to it this weekend; if I try now I will have been working or on the phone or responding to email or writing for the last 13 hours straight and my wife will kill me - literally. So here is a quick recap:

A commenter correctly said that NovaStar was not the only one that ceased funding today; many other lenders did as well. Here is a quick summary of those that I know who temporarily (unless otherwise noted) pulled the lending plug today:


Blogger Panda said...

Just as we anticipated...fear, chaos, debt, servitude...all coming to a neighborhood near
The elites got what they wanted.

1:59 AM  

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