Woa Dude, Doesn't look as if the specifics for or the time frame for working out the write down of all the upsidedown loans is at a point that can be begun to be figured out yet. The economy can't recover until the bad loans are factored out and the value of property has been deflated back to real values, something that banks and investors are fighting as hard as possible for now. Too much of thier worth is just undeclared loss at this point. Bad things and getting worse.
