Wednesday, February 18, 2009
Letter to the Bank #14
Dear Bank,
I’m just staring right now, staring as the value of my only asset drops! I can literally see the foundations of my home sinking into the soft clayey soil, the home where I have raised—not only two fine young whippersnappers—but also some very fine pumpkins! What shall I do when the cost of my mortgage is more than the value of my home? Should I walk away? You tell me-you are, after all, a banker! You know what the responsible thing to do is…don’t you?
Aggrieved as usual,
K
PS Sorry if I am repeating myself.
PPS How are your Stocks doing? Mine are almost finished!
Labels:
assets,
letter to the bank,
mortgage,
stocks
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