Archive for August, 2008

Not “Just” Sub-Prime Mortgages

Wednesday, August 27th, 2008

It is funny how people don’t really want to know things. I have been laughing that the media, and thus the majority of the general public, has been calling the real estate financing problem “Sub-Prime.”  The reality is, sub-prime mortgages were simply the catalyst or the first cards to drop in the house of cards. [...]