More on that Subprime fiasco

[sephiroth_iv]

In case you don't understand the situation here's some stick figure pictures to help you out:
http://www.businesspundit.com/sub-prime/

Comments

[ex_apostate818]

Needs another slide or two about "Who will we sell these shitty mortgages to now?!" ...cut to the US Capitol: "Sir, we have to buy up these shitty mortages, but who can we pass them off to?" "Sell them to the American people. We've been feeding them shit for so long they're won't know the difference."