Bad Mortgages Are Only the Beginning [View article]
Your forgetting that many of those mtg deals were walk aways being they were soo upside down. That is why some of the numbers are muted. Sure there will be defaults on the credit cards but it will be contigent on if the job market doesn't fail too badly
Bad Mortgages Are Only the Beginning [View article]
Bad Mortgages Are Only the Beginning [View article]