Posted by HisHughness on 12/10/12 6:40am
Msg #445989

Wall Street and the housing market: Still in turmoil

The chickens are coming home to roost

http://www.nytimes.com/2012/12/10/business/banks-face-a-huge-reckoning-in-the-mortgage-mess.html?pagewanted=1&nl=todaysheadlines&emc=edit_th_20121210&_r=0

Reply by 101livescan on 12/10/12 8:55am
Msg #446000

We're in this for the long haul, that is for sure, Hugh. Decades ahead to work all this out. However, banks are now making a lot of money again after the implosion!