Tuesday, March 20, 2007

Super-risky home loans

Larry Haverkamp talks about the problem with sub-prime mortgage loans in USA and its potential impact on financial markets.

Read about it in his blog
at

1 comment:

  1. AnonymousMarch 24, 2007 11:58 AM

    It is going to be very bad.

    Commodities investment guru Jim Rogers stepped into the U.S. subprime fray on Wednesday, predicting a real estate crash that would trigger defaults and spread contagion to emerging markets.

    Read the full acticle below:

    http://www.reuters.com/articlePrint?articleId=USL1470530620070314

    ReplyDelete