Kevin Rudd is in New York with Penny Wong fighting valiantly to fix the world’s climate. Meanwhile, back home, financial stress for families on the rise, writes Henry Thornton.
Subprime borrowers
Big boys neck deep in the subprime swamp
There’s a new group of subprime borrowers in trouble in the US: some of the very banks who created the whole mess in the first place. The likes of Citigroup, Merrill Lynch etc etc, writes Glenn Dyer.
