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Re: Subprime

PostPosted: Mon Aug 17, 2009 10:52 pm
by sidney
Goodness, use mirco loans for the good of the poor ppl, give them a chance to make an honest living.. not exploit the darkside of capitalism for one's gain. Mirco financing is a side pocket from capitalism and should be highly regulated from PE.

Re: Subprime

PostPosted: Tue Aug 18, 2009 4:02 am
by kennynah
capitalism = the dark side.....

Re: Subprime 01 (May 08 - Dec 10)

PostPosted: Mon Oct 25, 2010 7:41 am
by winston
The Subprime Debacle: Act 2, Part 2 by John Mauldin
They Knew What They Were Selling
Warning to Mr. Robert Rubin and Management
Popping Through
It's Time for Some Putback Payback
The Worst Deal of the Decade? ... art-2.aspx

Re: US - Subprime

PostPosted: Fri Jun 17, 2016 8:39 am
by winston
SubPrime Mortgages Are Back – Is It 2008 All Over Again?

By Simon Black

Borrowers are able to obtain a mortgage with just 3% down.

At Wells Fargo, borrowers who have almost no savings for a down payment can actually qualify for a LOWER interest rate as long as you go to some silly government-sponsored personal finance class.

Source: Sovereign Man ... ver-again/