Submitted by Thomas D O'Rourke, Mar 6, 2008 13:14

Unfortunately, most Americans are financially illiterate. Their liability (mortgage) is the banks asset, soon to be marked "non-performing" which is game over for banks.

MBS/CDO's etc. I wonder what MBA program taught these Wall St. wunderkinds that if you mixed arsenic into an institutions meal, somehow it wouldn't be arsenic anymore.

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