The Crimson Blog

Views and Social Commentary about News of the Day, Society, and Technology

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Entries Tagged as 'subprime mortgage'

The Subprime Mortgage Mess and the Folly of Bailouts

April 14th, 2008 3 Comments

I will be one of the first to admit that the subprime mortgage meltdown in the U.S. is harrowing and completely devastating for whole swaths of the U.S. economy.  Foreclosures are occurring left and right, and the areas hardest hit are seeing entire sections of neighborhoods now sitting empty, due to foreclosures.  The societal impacts are […]

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