[lbo-talk] Is the middle class failing ?

[Jordan Hayes]

> QUOTE OF THE DAY: "It has the potential to be an epidemic."
> -- Chris SWECKER, FBI assistant director for criminal
> investigations, referring to surging cases of mortgage fraud.

Mortgage fraud has been around for quite a while; it tends to surface
during extreme interest situations, and it largely "affects" the lower
class [and of course the banking class], not the middle class.