Donkey Punch

November 7, 2008

Good Explanation

Filed under: Finances — Tags: — t4toby @ 10:14 pm

Explanation for the sub-prime mortgage crisis:

Its like your insurance agent comes over, gets drunk, takes your car, wrecks it, hands you the keys, and then says, “Oooh. That’ll increase your rates.”

Paraphrased from NPR today.

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