John Clarke and Bryan Dawe on the intricacies of the sub prime mortgage crisis.
03.13.08 Tent cities have sprung up outside Los Angeles in the US as people lose their homes in the mortgage crisis. ____________________________________ Subprime woes plague California www.reuters.com - Subprime meltdown threatens American dream in Southern California. Homeless “tent city” grows amid ongoing subprime lending crisis that threatens middle-class. John Russell reports. (more) (less)
short segment on cnbc showing how and why the subprime market is turning sour
If you enjoy hearing the truth for a change, please take the time to rate this video and others like it. Subscribe, Rate, Comment Thx www.chrismartenson.com/ stopspendingourfuture.org The next real estate time bomb money.cnn.com China has woken up www.telegraph.co.uk Tax revenues PLUNGE online.wsj.com Hey, what happened to the so called housing recovery? finance.yahoo.com
www.informedtrades.com The 2nd lesson in a 3 part series examining the sub prime mortgage US Banking crisis and how this has affected the economy and different financial institutions around the world.
www.informedtrades.com The 3rd and final lesson in a series on the subprime mortgage US Banking financial crisis explained.
Dr. Leeds, senior finance lecturer at mccombs School of Business, reviews a myriad of entities who are to blame for the subprime crisis, among them - homebuyers, mortgage brokers, bankers, the Federal Reserve, US Treasury and the Security Exchange Commission.
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Congress is considering a mortgage lending bailout, but most Americans agree its the wrong approach by a 2-1 margin. The housing market is adjusting to an oversupply of housing stock and the failure of some high risk borrowers to meet their mortgage agreements. After years of steady growth in housing prices and a historic expansion [...]
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