Beth Krietsch, Marian Salzman June 02, 2008
There's no doubt that money is a major worry of the moment. The sub-prime mortgage mess spawned a related, and scarier, prime crisis, in which even people with traditional, 30-year-fixed mortgages are getting anxious. As the sub-prime borrowers who accepted too-good-to-be-true offers on their mortgages wake up to adjustable rates that have shot way up, they're defaulting on their loans, home prices are tumbling, and the entire economy is quaking