ext_12828 (
madwriter.livejournal.com
) wrote
in
ellen_datlow
2008-10-01 08:26 pm (UTC)
no subject
>>75% of all lower than prime mortgages are NOT going down the tubes<<
And only 15% of all mortgages were subprime. Which means all of this mess happened because the system was so bad that a 4% failure could crash it.
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no subject
And only 15% of all mortgages were subprime. Which means all of this mess happened because the system was so bad that a 4% failure could crash it.