Tuesday, October 21, 2008

Grand Theft Bailout

(click the title & peep the story)
"A wave of financial grief has spread across the United States and far beyond as homeowners are unable to pay spiking variable mortgages and are losing homes to foreclosure. Financial institutions, as a result, lost their shirts on bundled toxic mortgage investments. And stocks have plummeted, retirement accounts losing 35 percent of their value and counting.

Add it all together, and you have some unpopular tourists in San Francisco this week."

No comments:

Bookmark and Share