Just another busted subprime lender

Here is an interesting clip following the demise of yet another subprime lender. At the moment, there are so many subprime lenders going out of business that it no longer is a newsworthy item.
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1 comment:

Successful Penny Stock Tips said...

This whole notion of free trade is phoney. We are becoming a nation of financial services companies All these companies do is recycle money. The result is no useful products and services are being produced or sold. The idea that the bedrock of a major economy like the united states can be a country of bankers financial planners financial researchers dealing with numbers marketing consultents' lawyers is completly false. I could go on and on but I need not. The intangable economy of sorts must be replaced with a real economy that produces or provides useful products and services that are really needed. Otherwise we will end up with a few bright CPA's with master degrees siting behind desks making a good living and everybody else cleaning the carpeting and emptying the wast paper baskets. For 6 dollars an hour. Every parents vision of a good job for their their children is someone sitting in front of a computer at some bank. Whats wrong with this picture everything. Everything

10:54 AM

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