Arizona Real Estate Notebook

“Wake Up and Call John!” Assoc. Broker John Wake, HomeSmart

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← Theme song of the U.S. sub-prime mortgage industry, circa 2005 Aggressive Fed action on house prices argued →

Credit turmoil “has hallmarks of bank run”

September 3rd, 2007 · Comments Welcome

Here an interesting way to look at the sub-prime “crash.” It’s a “run on the shadow banking system”.

Tags: U.S. Real Estate

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