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Funny, there is one paragraph in the Clayton Homes section which perfectly sums up the current SubPrime mess causes and effects. Buffett's comments on the larg
by gleanr 19y ago
Funny, there is one paragraph in the Clayton Homes section which perfectly sums up the current SubPrime mess causes and effects. Buffett's comments on the large numbers of manufactured homes foreclosures is pretty interesting in that the same thing will likely happen to the housing market. Glad I am renter and not a home owner. :)
In addition to this article, I really enjoyed a recent interview with a hedge fund manager explaining the financial meltdown. http://www.nplusonemag.com/?q=financial-meltdown http://www.nplusonemag.com/?q=financial-meltdown