Mortgage Meltdown – 44min. documentary

What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world stock markets into a spin? ‘We examine how our interconnected finance systems left the world vulnerable to recession and worse.

Watch the Full film on Journeyman:

http://jman.tv/film/2556/Mortgage+Meltdown

Or for downloads and more information:

http://www.journeyman.tv/?lid=57596

What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world stock markets into a spin? ‘Mortgage Meltdown’ examines how our interconnected finance systems left the world vulnerable to a global credit crunch. It traces the current crisis to the fallout from September 11, hearing from the families now facing destitution while the ‘market corrects’. With banks now afraid to lend to each other, the subprime mortgage crisis threatens to push America, and possibly the rest of the world, into recession.

Produced by ABC Australia
Distributed by Journeyman Pictures