The subprime crisis explained in English

The subprime crisis explained in English

PostBy: coaledsweat On: Sat Jan 19, 2008 7:47 pm

Its rather funny, whats ironic is its true!

http://www.break.com/index/how-we-got-i ... -mess.html
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Re: The subprime crisis explained in English

PostBy: Wood'nCoal On: Sat Jan 19, 2008 11:33 pm

A good explanation of the situation.
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Re: The subprime crisis explained in English

PostBy: coalkirk On: Sun Jan 20, 2008 8:51 am

Really funny!

Here's a part of it that would be funny if it weren't so crazy. The city of Baltimore is suing Wells Fargo for making loans to inner city folks who are now defaulting. Three years ago, they were threatening to sue them for NOT making loans to inner city folks. Sheesh! :?
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