United States of Foreclosures: How 'Bankquakes' Shake People from Their Homes
The financial crisis started
as a housing bubble with the financial industry convinced that home
values never fall. How wrong they were even as they leveraged and securitized
their investments to create a global crisis.
Now, brace yourself because
not only is it not over, but in some respects it's just begun.
There will be more foreclosures this year than last and as a result
more suffering for American families.