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The Worst is Yet to Come »

Posted By populist 6 months ago in Business & Finance
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Since the subprime meltdown there's been a lull. But now the so-called "Alt-A" loans, made to supposedly more credit-worthy borrowers and amounting to a trillion dollars, are allegedly about to go down the tubes, carrying banks and insurers with them.

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    Justice4All6 months ago

    This does not make me happy, but then I voted against this. But I'm sure there are many people out there who voted for Bush and are happy with high gas prices. They won the elsction so I guess it's only fair that they got want they voted for.

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