Foreclosure wave sweeps America

A wave of foreclosures and evictions is about to sweep the United States in the wake of the sub-prime mortgage lending crisis.

http://news.bbc.co.uk/2/hi/business/7070935.stm



Crash is coming, warns top investor

THE man responsible for investing $41 billion of the State's money has warned mum-and-dad investors to prepare for a massive sharemarket crash.

http://snipurl.com/1t6tx



Here Comes the Next Big Screw Over

Citigroup has decided that it's time to seek a political, rather than financial solution to problems resulting from the collapse of the housing bubble, the sub-prime mortgage meltdown and the global credit crunch. Rubin's appointment is a sign that Citigroup knows it can't keep going without the help of the American taxpayer.

http://www.dailykos.com/storyonly/2007/11/4/91929/3698


From Information Clearing House



http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=housing

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