With $30B of option ARMs due to reset this year, and another $67B in 2010, the shock-and-awe...

|By:, SA News Editor

With $30B of option ARMs due to reset this year, and another $67B in 2010, the shock-and-awe days of the housing crisis are far from over, John Wasik says. "Mentioning 'the other shoe to drop' was quaint about a year ago. Now we are referring only to bombs."