Monday, November 15, 2010

Annotated Bibliography 8

Danis, Michelle A, and Anthony Pennington-Cross. "The Deliquency of Subprime
     Mortgages." Journal of Economics and Business 60.1-2 (2008): 67-90. Print.

This journal article discusses the negative effects of subprime mortgages and why exactly they were bound to fail.  In my paper this will be useful in knowing the reason they did fail and how people knew they would fail even before they did.  Several statistics are also included in this journal which can further the support of arguments throughout my paper.  The knowledge of the reason these failed will be vital because otherwise I would just know that they failed, but not be able to give reasons for it.

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