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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Cartoon: Understanding The Subprime Mortgage Crisis (1513 Views)
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Cartoon: Understanding The Subprime Mortgage Crisis by Seun(m): 1:20pm On Nov 22, 2008 |
A clear and concise explanation in pictures: http://www.businesspundit.com/sub-prime/page3.php |
Re: Cartoon: Understanding The Subprime Mortgage Crisis by Seun(m): 7:22pm On Nov 26, 2008 |
Nobody's interested? Just as I thought. Nigerians http://money.howstuffworks.com/mortgage-backed-security.htm |
Re: Cartoon: Understanding The Subprime Mortgage Crisis by RibaduFan(m): 10:51pm On Nov 26, 2008 |
Seun am interested. Abi, b4 the guy go commit suicide talk say nobody dey interest for im topic on im forum. Na today? |
Re: Cartoon: Understanding The Subprime Mortgage Crisis by 4Play(m): 1:16am On Nov 27, 2008 |
Seun: What would you rather have. . . . . disinterest or sciolism? |
Re: Cartoon: Understanding The Subprime Mortgage Crisis by troy07: 1:56pm On Nov 27, 2008 |
@Seun No down payment is a good way to help people buy homes. But you must be able to make loan repayment and have job. The problem was the property value was going up at 26-30% instead of 2-5% per year. |
Re: Cartoon: Understanding The Subprime Mortgage Crisis by troy07: 2:00pm On Nov 27, 2008 |
And Wall street guys sold toxic asset all over the world relying on Americans to pay there mortgage |
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