Sunday, September 21, 2008

Financial Meltdown

Here is an article about the current financial troubles that I found helpful and instructive. It answered my question: if 6.4% of mortgages are in default and 93.6% are not, why the big crisis in banking?

Read here to learn one key reason:

http://online.wsj.com/article/SB122186515562158671.html:

Thank you, Wall Street Journal.

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