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To: Porterville; Shermy; joanie-f

It appears that the present mortgage finznce crisis is the tip of the iceberg...

...and this is the iceberg.

And are all these insurers “American” entities?

Anyone? Anyone?


32 posted on 09/27/2008 10:38:25 PM PDT by unspun (Tell the truth about Obama to all you know.)
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To: unspun
My head is spinning from two solid days of talking about this crisis, both here on the forum and with co-workers and neighbors. I've got this bookmarked, and will be back for comment soon.

Thanks for the ping. Looks complicated, but absolutely necessary to know ... and to see that others know (especially by November 4th) as well.

Later --

~ joanie

36 posted on 09/27/2008 10:50:07 PM PDT by joanie-f (If you believe that God is your co-pilot, it might be time to switch seats ...)
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To: unspun
And are all these insurers “American” entities?

No...and please understand that it is the 'insurers' that get hurt.

This problem will devastate the G7 economies.

37 posted on 09/27/2008 10:51:16 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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