Sub-Prime Mortgage Stupidity and the Current Housing Problem
October 11th, 2008
A friend of mine - Chris Griffith from Life in Bonita Springs - pointed this video out to me late yesterday. It’s a piece from 60 Minutes that goes into detail about the recent housing crisis and the titanic stupidity of the sub-prime mortgage situation that caused it all.
It really is an eye-opener.
As a country, if we didn’t learn our lesson from this recent love affair with greed, I can’t imagine what will happen the next time.
