Tuesday, Sep 25, 2007
8pm tonight on Radio 4 : File on 4
BBC Radio 4: File on 4
"As American house prices are hit by a flood of defaults on home loans, Michael Robinson investigates growing concerns about unchecked borrowing and the potential danger for the UK housing market."
Looks like it will "open the lid" on the millions of self cert "lie to buy" mortgages and the dodgy
EAs and brokers who have encouraged it. Another BBC investigation 5 years too late, but maybe
worth a listen just to confirm what's been said on here for far too long.
Posted by doomwatch @ 11:47 AM (390 views) Add Comment
2 Comments
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1. alan said...
I'm surprised political parties aren't rushing forward to say they have "found" a problem.
Then New Labour can put forward a fresh policy to shut the stable door .....after 5 years.
2. shipbuilder said...
This level of lying is exactly why those who dismiss talk of any sub-prime problem in the UK are either insane optimists or foolish idiots.