Comments on: Ratings Agency Grilling

By: stevealter

stevealter — Sat, 20 Sep 2008 21:37:52 +0000

We've been preaching transparency, accountability, and the efficiency of the web to maximize liquidity for the past eight years. The real problem outside of the pure greed was dumb and lazy people. They were too lazy to read page two of the due diligence documentation which is what is required by whomever is pricing the loan or the property to make their pricing decisions. Realcapitalmarkets.com is a place for the larger investment properties or land valued at $5 million or greater where owners, investors, developers, lenders, bankers and brokers may employ RCM1's electronic war-room or virtual deal room (vdr) to organize all of the due diligence documentation and everything else that's required by owners/investors to buy, sell and finance properties from eachother. RCM1 also maintains the most comprehensive qualified database of qualified principals so that regardless of the property or loan, RCM1 has the perfect contact database of qualified principals to drive the necessary competition to maximize investor and shareholder returnes and mitigate any of the risks, especially the risk of allowing a loan portfolio to be sold way to cheap or for only 22 cents on the dollar like Merrill Lynch rather than having the portfolio properly exposed to all the qualified buyers and/or investors via RCM1.

By: mikew

mikew — Fri, 19 Sep 2008 11:32:53 +0000

Its obvious that these credit rating agencies have no clue what they are doing. We must find a better system.

By: doug

doug — Fri, 19 Sep 2008 11:11:18 +0000

LOL – that dude would NOT answer any direct question.

By: Matt @ Steadfast Finances

Matt @ Steadfast Finances — Fri, 19 Sep 2008 04:50:49 +0000

I saw this live… they grilled this guy so badly I had 2 nanoseconds of pity for him. Then came to my senses and started cheering.

By: morganb

morganb — Thu, 18 Sep 2008 15:17:17 +0000

sounds like a plan Aaron!

By: Aaron Fischer

Aaron Fischer — Thu, 18 Sep 2008 15:14:43 +0000

Maybe we should send them the tab for this roller coaster ride.