The Subprime Situation is Still Really Bad — No Kidding

On Condé Nast’s Portfolio.com, there is a post telling us something that we, unfortunately, already know: The subprime mortgage situation still sucks. The post points out that while mortgage lender Countrywide shares have gone up recently, that ‘victory’ is relative and hardly an indicator that happy days are here again. The so-called subprime meltdown is [...] [...more]

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