Subprime woes: Who is to blame?



Uploaded by: ReutersVideo
Video Description:
May 8 - Dozens of sub-prime mortgage companies have gone bankrupt and countless homeowners face the threat of losing their homes due to sky-high mortgage payments.Reuters Reporter Conway G. Gittens takes a look at the factor's behind the popularity and subsequent demonization of the sub-prime home loan, which caters to risky borrowers.


Tags for this video: homes mortgage Subprime

Find more videos in the "News" category
See more videos uploaded by ReutersVideo

Related Videos
So Subprime Blows Up; So What, Says Cramer2007: The subprime meltdownInside the US subprime crisis 01 April 2008
so-subprime-blows-up-so-what-says-cramer.htmlso-subprime-blows-up-so-what-says-cramer.htmlso-subprime-blows-up-so-what-says-cramer.html
Subprime US Banking Financial Crisis Explained Simply Part 2Timeline: Subprime crisisBritney Spears explains the subprime Housing Bubble Crash
so-subprime-blows-up-so-what-says-cramer.htmlso-subprime-blows-up-so-what-says-cramer.htmlso-subprime-blows-up-so-what-says-cramer.html


Share This Video:       StumbleUpon       del.icio.us       Reddit       digg       Furl       Spurl       Simpy       YahooMyWeb


Comments for this video: Show || Hide
Comments for this video on YouTube
It's funny how ... ( 1 year ago by armcrash)
It's funny how nobody complained when they were getting cash out from refinancing themselves into these loans until they couldn't make a payment later. But for who is to blame - this is right on. From my site: 1) Wall St. 2) Lenders 3) Homeowners/Salespeople 4) Gov't regulators
armcrash dot com
You signed the ... ( 11 months ago by rowdy8888)
You signed the paper for that loan you dumb Italian Woman. A Person did not make you sign to get that house.. HELLO
-People think they are never at fault it is beyond me!
duh! it was so like ... ( 11 months ago by mozaks80)
duh! it was so like Osama, he totally robbed the fed bank and like left americans with NOTHING!
Incomplete ... ( 3 months ago by zupf)
Incomplete reporting. No mention of the role Fannie Mae and Freddie Mac played in the subprime crisis.
HISPANICS were the ... ( 3 months ago by tellthetruthh)
HISPANICS were the major group to hold SUBPRIME LOANS. HISPANICS were given loans when other groups could not get them. Now they want to be bailed out of their mess!!!If they weren't so greedy they would not be in this situation. Most of them didn't even have SSN oe EINS.Now BUSH has made it possible for them to get bailouts without SSN or EINs!!! S0illegals aliens are milking the system again!!! While Americans pay the bill!!!
neither the tax ... ( 3 months ago by seze70)
neither the tax payer or illegal immigrant are going to benefit from the bailout..only the ceo's and the corp. empire.
HA american ... ( 3 months ago by sshapewa)
HA american assholes who know about shit.Its pathetic that we here in africa and other continents know whats happening in your freaking country than yourselves!!who is to blame?Bill clinton and all liberal fucks!!you assholes threatened to sue banks US$10000 per failed applicant if they dont lend cheap mortgages!!FUCK U ASSHOLES now im suffering here because of your fucking irresponsibility and greed of keeping up with the joneses!!where is bill now?in his mansion while u rot in the streets!!!!
When people realize ... ( 2 months ago by baseballnolie34)
When people realize banks are able to print money by fiat then charge you for using it, and then call the government to save them when they push their edge too far, they will be pissed.
And for all the anger I see now, they still don't get quite how stacked the deck is against them and why it's the entire system and its ideology, not specific people and parties. They just filled the roles left for them.




URL