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Thread: The Subprime Primer     submit to reddit submit to twitter

  1. #1
    blax n gunz
    Join Date
    May 2005
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    The Subprime Primer

    http://docs.google.com/TeamPresent?doci ... true&pli=1

    Spotted at the consumerist

    I think it's required reading for everyone. Even children.

  2. #2
    Old Merits
    Join Date
    Jan 2007
    Posts
    1,136
    BG Level
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    Re: The Subprime Primer

    Yeah, that's basically how it went down, lol. Now the question is, how can we remedy this situation? Are they (the lenders) going to just foreclose/mass sell off at lower prices in an attempt to recoup whatever losses they can and pay off investors as best they can?

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