IAP Political Forum

Social Discussions => Business and Economics => Topic started by: Marotta on May 06, 2008, 06:33:32 AM



Title: Subprime Lending (2008-05-05)
Post by: Marotta on May 06, 2008, 06:33:32 AM
Subprime Lending (2008-05-05)

by David John Marotta

The subprime mortgage meltdown has cost the world 15% of its market capitalization, about $9 trillion. The primary culprit who caused all of this financial loss, pain and suffering is not the mortgage companies. Neither is it the overextended borrowers. It is our own federal regulations interfering with the free market.

Read the complete column at http://www.emarotta.com/article.php?ID=282 (http://www.emarotta.com/article.php?ID=282)


Title: Re: Subprime Lending (2008-05-05)
Post by: Fredledingue on May 10, 2008, 12:55:31 PM
Excellent!