Prime Concern

Usually, we explain an investment term here. This time around, we decided to explain a "lending" one - sub-prime. Sub-prime is now very much part of the vocabulary of stock market investors and observers across the globe. They might have not known what it meant a few years ago, but they certainly do so now. And, it has managed to scare the living daylights out of them. The rest of them who do not know what it means are, nevertheless, quite certain that it is the cause of the current global markets crisis. Sub-prime loans are given to bo

This article was originally published on October 05, 2007.