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Many shoes will drop in subprime mortgage mess (Ventura County Star)

February 3, 2008 at 3:02 am · Filed under SEC

For the past few months, America’s subprime mortgage drama has dominated the news, but its threat to the overall economy puzzles some people. If mortgage providers unwisely extended credit to unqualified borrowers, they must refinance or repossess the properties, as they have in the past. Why on earth would this situation threaten the world economy?

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Many shoes will drop in subprime mortgage mess - Ventura County Star

February 3, 2008 at 1:06 am · Filed under Surf Sites


Many shoes will drop in subprime mortgage mess
Ventura County Star, CA - 36 minutes ago
We do not know of any markets that only go up, so we think these instruments look more like a Ponzi scheme than a rational investment. …

Original post by ponzi - Google News

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