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Mortgage Meltdown - 44min. documentary

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See full film here: http://www.booserver.com/proje... 17 September 2007 What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world stock markets into a spin? 'Mortgage Meltdown' examines how our interconnected finance systems left the world vulnerable to a global credit crunch. It traces the current crisis to the fallout from September 11, hearing from the families now facing destitution while the 'market corrects'. With banks now afraid to lend to each other, the subprime mortgage crisis threatens to push America, and possibly the rest of the world, into recession.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: journeymanpictures

Length: 10:08
Rating: 4.68
Views: 13360

Tags: crisis  Journeyman  market  mortgage  Pictures  USA  

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Video Comments

wot321 (November 30, 1999 at 12:00 am)
You're an idiot.
rikinoki (November 30, 1999 at 12:00 am)
America new poor Africa
69Bluntsmoka420 (November 30, 1999 at 12:00 am)
The economy is ruined forever. We're all going to starve to death.
AtilladHun (November 30, 1999 at 12:00 am)
Tellthetruth, you are a perfect idiot. These greedy finance agents, mortgage brokers, security traders and greedy CEO's (99%) of them Whites, who sold, processed, and approved and made tons of money on these mortgages are to blame. They will sell to anyone who wants a home for his family and can sign on the dotted line.
mard420 (November 30, 1999 at 12:00 am)
they shouldn;t scare people about buying houses, they are good, solid equity, however taking trips, buying big screen tvs, and countless luxuries is terrible
tellthetruthh (November 30, 1999 at 12:00 am)
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!!!
iamauscitizen (November 30, 1999 at 12:00 am)
The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples' homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!
masisavan (November 30, 1999 at 12:00 am)
when you dont need money,banks are doing every thing to get you in debt,when you need money,they say you are not qualified,your credit score is too low?
masisavan (November 30, 1999 at 12:00 am)
heeeeloooo,who aprase our houses too high,i had a afordable mortgage,hapy home owner,bank was calling me on daily bases,refinance,cash out,get mony,get line of credit now.i end up loosing every thing,heeeeloooooo.
MoodyGroove (November 30, 1999 at 12:00 am)
Exactly. It's how lazy people made money. Speculators are the scum of the Earth.

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