Archive for April, 2008

Sub-Prime, Local Government and NSW Labor – a volatile mix!

Thursday, April 10th, 2008

United States sub-prime mortgage investment market. The subject had as much meaning as an error message on a computer screen. It’s a geek language known only to whiz kids and nerds in the financial sector. The rest of us barely understand the pages of ‘explanatory’ notes we have to read before signing a mortgage document. (more…)