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Old 10-14-2008, 09:49 PM
LVR LVR is offline
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Mortgage Meltdown - 4 corners investigation and warning in 2007




Hi all

For those of you interested, this television article was broadcast in September 2007. It cited Cleveland Ohio's difficulties and how the banks, mortgagees and stock market were in trouble if left to drift.

It was aired again a few days ago and you can now see why this has suddenly got worse (resets).

Have a look.... it was remarkably accurate in my opinion.

WARNING - HIGH BANDWIDTH - SUGGEST DOWNLOAD. Click on link then press play in the upper left window....

Cheers


John

http://www.abc.net.au/4corners/speci...me/default.htm
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Last edited by LVR; 10-14-2008 at 10:00 PM.
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