'Subprime' is word of year 2007

Not surprising, the word "subprime" comes out as the Number One word of the year for 2007 by linguists of the American Dialect Society. Says a lot about the way bankers and financiers worked themselves into a real mess now known as the "credit crunch".

Let's hope 2008 will produce a better year, and instead of being "less than ideal" will be more than ideal!

Posted in: 2008,sub-prime loans