I had heard about this video a while back but I never had the time to watch. I finally got around to it and I must say it is brilliant. It explains the whole subprime mess in very simple English.
The more I look at this mess the more I see greedy investors and crafty businessmen at their finest! They knew what they were doing, I feel no sympathy for them at all. I feel sorry for the consumers losing their dreams and fellow workers without jobs.
Welcome to the Arizona Mortgage Guru blog, a great resource for all your home financing needs. If you're new here and like the content, you can subscribe to my RSS feed to get regular updates on all things related to mortgages. Thanks for visiting.
The Heat is On and It’s Good!!
Don’t Hang the Mortgage Brokers
Fixing the Foreclosure (Mortgage) Mess
Related posts brought to you by Yet Another Related Posts Plugin.
on Aug 13th, 2007 at 12:17 pm
[...] are we kidding here? The greed cycle started on Wall Street and it should end there. I may be doing home loans but I’m not the one setting the rates and [...]