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Subprime's hot spinoff: arson

Filed in archive risk by leon on July 07, 2008

arson_2.jpg


Another sign of desperate times! Expect a record number of arsonlinks incidents with the growing number of mortgage defaults, reports Bloomberg.

Still, you would have to ask why people would do it when, as the policy holder, you would be the first suspect on the list. People do dumb things when things get desperate.


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Permalink: Subprime's hot spinoff: arson
Tags: arson  subprime  2007  2008  creative  subprime+spinoff  spinoff+arson  yours+here 

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