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Friday, August 17, 2007 12:00 AM

Panic on Wall Street

You've heard about the home-loan bust, but do you know your derivatives from your tranches? Read Salon's easy guide to understanding the current market freakout.
By Andrew Leonard

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  • Friday, August 17, 2007 09:52 AM

    lesleyap

    If everyones property is devaluedthan yes we are are all in trouble. But realisticly, if you don't plan on moving soon, don't worry about a thing. I am in the same situation as you, I know that as long as I can pay my bill and live within my means, all of this will work out in the long run.

    —JBinMO Read JBinMO's other letters

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