yep, there'll be major ass-covering exercises going on everywhere - and no doubt the litigation following on from the sub-prime fraud will feed lawyers for years - maybe that's the place to put your money - the big law firms? on the other hand they were probably some of the biggest culprits in the scam..... where to find an honest law/accounting firm.... LOL
the sub-prime fraud certainly makes a mockery of any pretence of 'regulators' having done their jobs....
still, in 2-3 years it will all have blown over.....
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