Interesting Article about the Housing Meltdown/Mortgage Crisis

[Guest]

http://news.yahoo.com/s/ap/20081201/ap_on_bi_ge/meltdown_ignored_warnings

[Guest]

The article would have more value if it included percentages splits on the successful lenders as well as the ones that failed.
Also some statistics regarding what % the so called "bad" mortgages are of the total mortgages.
These are not typical data supplied by "dialogue-type" reporters. With appropriate statistics one can determine the siaze of the REAL problem and that certainly is not in the charter of most media.
Not a bad story as long as one knows it is only a very small niche being discussed.

BTK