http://www.marketwatch.com/news/story/US-foreclosures-hit-record-level/story.aspx?guid={A4C43DFA-9A0E-41CF-AECD-A8FEC114E43E}
As unemployment increase, we are seeing the real pain begin. With foreclosures now at record levels even with a stop in some of the worse areas. Housing is still in free fall. Till that stops there is no good news for the banks. Adding the problems Credit cards and ADC loans will speed things up.
Wednesday, March 11, 2009
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