Home > Finance > Subprime Banking Crisis

Subprime Banking Crisis

Imagine, if you can, an unemployed black man sitting somewhere on a crumbling porch, in a string vest, and a chap comes along and says “would you like to buy this house before it falls down … and why don’t you let me lend you the money?”…

“… but it’s not us who will suffer, it’s your pension fund.”

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: