Comments on: An interesting analysis of the market… http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/ My Irrational Life Tue, 07 Feb 2012 23:59:05 +0000 hourly 1 http://wordpress.com/ By: fnsazj http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-23435 Sun, 12 Jun 2011 07:21:32 +0000 http://www.predictablyirrational.com/?p=244#comment-23435 X3Js4Y eswuqzbaybmp

]]> By: Emberlynn http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-23392 Sat, 11 Jun 2011 05:30:42 +0000 http://www.predictablyirrational.com/?p=244#comment-23392 Stands back from the kyobeard in amazement! Thanks!

]]> By: Les Stewart http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-564 Tue, 01 Jul 2008 01:49:47 +0000 http://www.predictablyirrational.com/?p=244#comment-564 Sadly, a very good explanation of what at the latest guess will be a $1-trillion economic loss affecting directly 1 million homeowners.

The targets for these marketing efforts were many times black but primarily urban and with a high equity ratio. They were initially lured into financing education, renovation, and health bills for themselves and their family.

Within a few years through penalties, balloon payments, negative amortization, etc. they owe more than their house is worth.

For a detailed explanation, download a copy of A Tale of Three Markets: The Law and Economics of Predatory Lending by Kathleen Engel and Patricia McCoy at ssrn.org. They wrote the definitive treatment of the area of concern in 2005.

I adapted their work and defined Canadian predatory franchise lending in 2006.

]]> By: Pam Dugan http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-563 Wed, 25 Jun 2008 15:13:59 +0000 http://www.predictablyirrational.com/?p=244#comment-563 A Black man in Alabama sitting on the porch of his run down house just jumping at the chance for a sub prime mortgage so he can buy this wreck???? Come on. This is 2008…enogh with the stereotypes.

]]> By: Lorre http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-562 Fri, 16 May 2008 19:58:49 +0000 http://www.predictablyirrational.com/?p=244#comment-562 I love the way this pair boils it down so nicely to laymen’s terms. If only my econ classes in college had been this simple…Of course then we might have all become investment bankers. Thanks Dan. We have a link back to your blog in thanks for your discovery and sharing of this great demonstration.

]]> By: Ed Lane http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-561 Fri, 16 May 2008 01:48:13 +0000 http://www.predictablyirrational.com/?p=244#comment-561 Thanks for link. Please keep this posted for awhile. I want to send it to several friends who may not see it for a couple of days.

]]> By: Robin Rogers http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-560 Sun, 11 May 2008 13:51:17 +0000 http://www.predictablyirrational.com/?p=244#comment-560 Thanks for the link to this video! I laughed, ruefully, at several of the points that were made.

Robin Rogers

]]> By: Mark J. Ryan http://danariely.com/2008/05/09/an-interesting-analysis-of-the-market/#comment-559 Sat, 10 May 2008 23:10:03 +0000 http://www.predictablyirrational.com/?p=244#comment-559 Well said even in Humor!

I kept thinking who are the ones who really suffer…and do the big companies really lose anything or those running them.

No…it is only me and you who suffer for the Ponzi game of eons

Might be time for a different kind of banking system

One based on the gold standard…How is that for an original idea :-)

What a mess

Mark J. Ryan

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