On Sat, 4 Oct 2008 17:25:19 -0600, "Charles Momsen"
wrote:

http://www.youtube.com/watch?v=FewmvkaTXHU

Sub prime "started off as a good idea"
Unfortunately because of the inadequate regulation of financial
intitutions in the US, they were then allowed to sell off those
mortgages and now you have a real problem.

"Started off as a good idea" was allowed to become a very bad idea!




OzOne of the three twins

I welcome you to Crackerbox Palace.