For those who aren’t aware of how the whole housing crisis came to be, here’s a basic primer on what happened.
There’s a house at 123 Main St. It has a value. For the sake of our conversation, that value is $250,000.
You want to buy that house. But of course, you don’t have $250,000 cash on [...]

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On Wall St., the “dead cat bounce” is what happens to a company goes under. The stock price falls precipitously, as everyone sells, sells, sells. Towards the end, there is a brief, but small spike in the price before slipping off the charts … or a “bounce.”
Those who thought the crash was over after the [...]

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