because theres something in the air, page-15

PC40
Sub prime may have started the avalanche.....but Prime borrowers are starting to become sub prime borrowers as economic conditions worsen...not many get spared when conditions turn down, such interwoven economies we live in.....

"We are all paying for it now, big time!!"
it is unfair to blame subprime borrowers for a lack of performace in our markets..... becouse ultimately if our investments are affected by the financial mess currently engulfing markets then we have exposed ourselves to the upside created by credit and therefor the downside too.....If subprime is unlikely to significantly affect our investment then we only pay for it now if we sell, in which case if we must sell due to the economic downturn then we have obviously overextended ourselves and that makes us no different to the subprime borrowers..

Cheers