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Consumer Law

: Alabama Consumer Blog

Slide-Show On How The Sub-Prime Disaster Occurred

By M. Stan Herring

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The Consumerist has a post that contains a "stick figure" slide show that explains, remarkably well, the way the sub-prime mess has occurred. Be warned there is some strong language in the slide show but on the whole it is very well done and, with humor, explains how we got in this terrible position we are in now.

Full post as published by Alabama Consumer Blog on February 26, 2008 (boomark / email).

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