I don’t consider myself an expert in things financial. That said, things are very weird today.
Massive financial companies are teetering on extinction. Lehman Brothers, Bear Stearns, Fannie Mae, Freddie Mac, Merrill Lynch and AIG. What is going on? All of this apparently brought on by irresponsible lending and greed.
What does all this mean for regular citizens like you and me?
What are the implications for homeowners, new and old?
The truth? Maybe we can’t handle the truth?