60 Minutes had an excellent report on the next wave of real estate defaults that is on the horizon. My one quible is that plenty of people saw this coming. Major publications like BusinessWeek covered the Option ARM story (here - 2006 and here - 2005). Commentators on the web have reported on these problems going back even further.
Still, it is great to see this story getting coverage. Watch the video:
Wednesday, December 24, 2008
Subscribe to:
Post Comments (Atom)
This was created, not accidental.
ReplyDelete