The Reason Why The Sub-Prime Mess and U.S Credit Problems Happened - Documentary
In light of the current market turmoil that is happening, mainly due to sub-prime credit problems that hit the financial companies which in turn took everything else down with it, I thought I would share this documentary that I found online.
Strangely this hour long documentary was made prior to when the media started really covering this whole sub-prime credit / loan issue. There are a lot of people out there who knew that this was coming.
Lots of banks and financial companies have been reporting huge losses lately, and there may be more to come.
Maxed Out
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September 15th, 2008 at 7:53 pm
[…] I’ve been out of the market since March 2008 and for a good reason. The subprime financial mess has far and wide reaching ripples effects which is now causing more and more problems for the financial markets. […]