Tuesday, Oct 23, 2007

Three and counting!!

Times: Investors take fright with Paragon linked to new Rock horror show

After Victoria Mortgage and On The Rock, this is the turn of Paragon. Just want to mention the former Paragon company had to wind up its business in 1992 following the housing slump. That makes Paragon an excellent weather vane to judge present and future housing market trends.

Posted by confused76 @ 09:59 AM (393 views) Add Comment

2 Comments

1. inbreda said...

Clearly having learned from their previous mistakes

Tuesday, October 23, 2007 10:31AM Report Comment
 

2. Icarus said...

"We believe that liquidity will return in due course", says Paragon's Chief Exec. Yes, but the markets can remain illiquid for longer than you can stay solvent.

Tuesday, October 23, 2007 11:49AM Report Comment
 

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