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More Mortgage Meltdown : 6 Ways to Profit in These Bad Times

ISBN: 9780470503409 | 0470503408
Edition: 1st
Format: Hardcover
Publisher: Wiley
Pub. Date: 5/11/2009

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The subprime mortgage meltdown has happened. People who should never have had loans got them and then couldn't pay them back. It should be over, right? No. Lending standards fell to the basement across the board: there remains over $1 trillion in Alt-A and Option Arms (a ka "liar loans" and "stupid loans"), and just as many of these will go belly up as subprime did. In other words, we're only halfway through the mess. And this doesn't include the never should have had, liar, and stupid home equity loans. But, wait, there's more! Bad auto loans, bad credit card loans, and bad commercial real estate loans (that will show their ugly faces as retail establishments and businesses close up shop). The good news is that there is a light at the end of the tunnel. Credit expert and value analyst Whitney Tilson shows you how to avoid the oncoming train and then how to profit from it with 4 great long-term investment opportunities and 4 short selling opportunities. The real estate and credit markets may be a mess but the stock market knows this and it offers some great values - if you know where to look.


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