Odds ‘n Sods:
One of my heroes is is economist John Mauldin. He publishes a free e-newsletter that I consider a “must read” for anyone that closely follows investing and economics issues. In his most recent “E-Letter”, John commented on the Bear Stearns sub-prime debacle (That I’ve also discussed.) Here is a quote:”The Center for Responsible Lending estimates that 2.2 million borrowers who got subprime loans since 1998 either have lost or will lose their homes through foreclosure over the next few years. This includes one of every five borrowers who got subprime loans in 2005-06, a default rate unmatched in the history …