Tuesday, Mar 13, 2007
Over 30% of all mortgages in last 2 years were liar loans
The Economist: Will turbulence in America's Sub-Prime mortgage market spread
From this week's edition: When America sneezes... if anyone believes the rest of the world will not catch a cold they're living on aother planet.
Posted by financial planner @ 08:53 AM (175 views) Add Comment
5 Comments
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1. uncle chris said...
Do you think Tony Blair - the ultimate liar - got his mortgages through deception. Well they do say lead by example.
2. Sam said...
Would be nice if his place got reposesed. great way to mark off an end of a era, nice little full stop for a 'legacy'.
3. dohousescrashinthewoods said...
Lead by example - that explains why Brits are turning into selfish, conniving gits.
4. harold said...
"Do you think Tony Blair - the ultimate liar - got his mortgages through deception. Well they do say lead by example."
Come off it UC - his wife's a barrister! He probably paid cash.
5. lvmreader said...
So in reality - no one knwos what the real exposure is