Monday, August 4, 2008

And You Thought Sub-Prime Loans Were Bad

According to this article, they were just the tip o' the iceberg. Alt-A delinquencies and even prime loans are faltering at quickening levels.

In related news, CNBC is on the search for synonyms for the word "crisis" that also begin with the letter "C" and any word that rhymes with "loan," "crisis," "prime," and "cluster fuck."

1 comment:

bloggerdotcom said...

Additionally:

http://www.rgemonitor.com/blog/roubini/