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no room at the inn

Shame This Is Not The Bbc

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This sounds BIG!

The situation on sub prime lending in the States, CDO's, MBS, Bear Stearns etc is and has been discussed at length on here, so its nothing new.

Its unlikely to hit the BBC as this is proper news, so it won't feature unless mentioned in a VI press release, or a celebrity or Big Brother housemate looses all their money in an affected hedge fund.

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Guest X-QUORK

Toxic Debt sounds like a really bad band name, come to think of it, like the kind of band one hears playing on the radio in the Neighbours cafe.

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Somehow, I find it hard to imagine a BBC correspondent using the phrases 'dodgy home loans' and 'poor people'. Maybe the BBC have changed, though, while I haven't been watching.

"dodgy home loans given to poor people in the US". :lol:

Haha. They tell it straight in Oz, none of those Yank euphemisms like "sub-prime".

I think we should really call them what they are as well and stop hiding behind the VI terminology.

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Toxic Debt sounds like a really bad band name, come to think of it, like the kind of band one hears playing on the radio in the Neighbours cafe.

That'd be the ideal band to hire for a £20,000 MEW-financed wedding.

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