Filed in archive
risk
by leon on July 7, 2008

Another sign of desperate times! Expect a record number of arson 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.
Permalink: Subprime's hot spinoff: arson
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Mr Wong
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