http://www.americanprogress.org/issues/2008/01/quick_action.html
Andrew Jakabovics of the Center for American Progress shares his thoughts with CNN on reports that the FBI is investigating widespread fraud from mortgage lenders and Wall Street bankers fueled by the subprime segment of the housing market.
www.AMERICANPROGRESS.org
YES, LITTON LOAN AND GOLD SACH #1 MORTGAGE SUBPRIME INVESTOR..LENDERS ETC. GREED= EVIL
onyxstar1122 1 year ago
Looks like this video has been censored!
tlfettled 2 years ago
part of the problem is the stupidity of having to have the last gadgets every one has, new TV even when the old ones are still good, videogames, ultimate cell phone, cars jewelery and all of it on credit, money we don´t even have. We will have to reestructurate consumption in the next years....
thaichik 3 years ago
with all those foreclosures the americans should known something smelt of bad fish.
doctorw2 3 years ago
humanity will still not learn ... human ignorance , greed , apathy , arrogance ...is what the eilte feed off... its not their fault ..we deserve it ... godless souls
kdcruz75 4 years ago
We need to get off the main grid of electric power companies and natural gas which used to be called affordable is outrages, No wonder people can't hold on to their homes or save money. Its a crime really what we are charged for energy.
Earthpuppy 4 years ago
If wages had kept up with inflation since 1950, the avg hourly worker would be making around $100/hr. This inflation vs wages paradigm is responsible for the destruction of the family unit because mom's have to work & turn their kids over to strangers to raise & income/money issues destroy marriages. Want to fix the economy & our country? It's all about wages wages wages vs inflation, thus the $.
FattKidd 4 years ago
Bull Ohnies... The notion of so-called American Dream propetuated this... UNREPORTED rocket imflation of House/ Living wages/ Cost of Living by the FEDERAL GOVERNMENT for the past ten/twenty years is to blame... Everything is becoming unaffordable thanks to the wild printing of money/ Deffecit/ War.. Housing being the most is first... Cars next... then food.. We are in trouble and no federal probe will help us now. Inflation is the reason, not fraud.... CAUSED BY THE FEDS
btigtime 4 years ago