Mortgage Financial Group, Inc » sub-prime http://www.knightlinesmtg.com We Make Your Dream Reality Wed, 24 Feb 2010 16:28:27 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Sub-Prime Mortgage Stupidity and the Current Housing Problem http://www.knightlinesmtg.com/sub-prime-mortgage-stupidity-and-the-current-housing-problem http://www.knightlinesmtg.com/sub-prime-mortgage-stupidity-and-the-current-housing-problem#comments Sun, 12 Oct 2008 02:37:37 +0000 Marc http://knightlinesmtg.com/blogs/?p=52 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.

Watch CBS Videos Online

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