http://www.thelendingwizard.com:80/blog/default/2009/06/08/1244452260000.html The Credit Crunch owes its origins to the US but more particularly to mortgage bad debt. Bad debt put simply, is money which is owed to banks which it is unlikely to recover. Over the last year you will have no doubt heard on the news that so-and-so ... en The Wizard Mon, 08 Jun 2009 09:11:00 GMT Pebble (http://pebble.sourceforge.net) http://backend.userland.com/rss