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The Rational Walk's avatar

Unfortunately, Ella Irwin has further eroded my “trust” in Twitter. The fact that Elon hired such a person says all we need to know about his real attitude toward free speech.

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Melody Wright's avatar

Thank you for the mentions! This post is fantastically packed! Remember talking to a stupid BlackRock analyst in 2008 that Cerberus brought in for the valuation and screaming at them on a 2am phone call about the difference between face value and market value of a once $29M security that was now worth almost 0 (and all I can think about when looking at that notional schedule). So much of my life I will never get back. But, anyhoo - the quote: "Never going to happen here because Microsoft's here and Amazon's here" is all I've been hearing on Twitter, from industry insiders and on the road, but so many of those projects are paused or cancelled. The CONfidence these folks have is unreal...but a lot of it is just self-preservation and denial. And that 40-year mod program....anyone that qualifies will likely not make it another year. FHA is government-sponsored subprime...whatever its intentions are. EXCELLENT POST.

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