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Politics : The US Deficit

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From: Tadsamillionaire12/6/2007 4:40:16 PM
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Straight Talk on the Mortgage Mess from an Insider
12:11:23 PM December 6th, 2007

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Even before this mortgage mess started, one person who kept emailing me over and over saying that this is going to get real bad. He kept saying this was beyond sub-prime, beyond low FICO scores, beyond Alt-A and beyond the imagination of most pundits, politicians and the press. When I asked him why somebody from inside the industry would be so emphatically sounding the siren, he said, “Someobody’s got to warn people.”

blogs.marketwatch.com

this is a Must READ
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