A $103,000 Shack (1min. 41sec.)

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A $103,000 Shack (1min. 41sec.)

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LargoWinch

iTulip High Commissioner

Join Date: Jul 2008

Posts: 3775

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A $103,000 Shack (1min. 41sec.)

January 06, 2009, 01:39 AM

"As WSJ's Michael Phillips reports, a shack in Arizona with a $103,000 mortgage helps explain the economic mess we're in."

No kidding Sherlock...

The best is the end though: sold to be demolished. Can you still call this loan collateral then?

(1min. 41sec.)

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