Well one of the things that I find very intriguing is that the housing issue is one that has been brewing since the beginning of this year - at least thats when I first heard of it through popular media. 60 minutes did a piece on this, even the Earthfiles podcast did an episode on this back in...
Here is another article. At the bottom of it you will find more links relating to the same subject. Pay close attention to the fact that most banks keep their derivatives off the books and that is just about nobody in the world understands them. I think what they mean is that since they are...
Thanks for the info on this D. Everyone should read that article then promptly change your shorts.
Derivatives are the new ticking time bomb - MarketWatch