Are Homeowners the Only Target in the Sub Prime Fallout?

Here is an interesting story on the sub-prime mortgage fallout. Not only does it affect homeowners caught with those hybrid adjustable loans that are leading sub prime foreclosures but Wall St. as well.

Check it out now.....

Telegraph.co.uk
From the Rockies to Northern Rock: how bad debt infected the worldTelegraph.co.uk, United Kingdom - 4 hours agoThe funds held them through complex financial instruments known as collaterised debt obligations (CDOs), which had been used to parcel up portions of all ...

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