Thursday, August 23, 2007

"Layoffs Massive"


Credit mess layoffs massive - The Cincinnati Enquirer

"Employment Collapse"

"40,000 workers have lost their jobs at mortgage lending institutions ..."

"Construction companies have announced nearly 20,000 job cuts this year ..."

"'It's far from over ... The subprime lending collapse will continue to ripple through the financial sector.'"

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Wednesday, August 22, 2007

So Long, Mortgage Industry ...


Is it just me, or does this whole mortgage business put anyone else in mind of the 1999-2001 Dot-Com Implosion?

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