Posts Tagged ‘60 Minutes’

The Mortgage Meltdown

cnbcScott Pelley reports on the mortgage crisis that's far from over, with a second wave of expected defaults on the way that could deepen the bottom of the U.S. recession.

To most consumers, the crisis is all about the "sub-prime" market. But if you think that's where the biggest threat to our economy exists you are in for a rude surprise.


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