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Bringing together leading experts to discuss credit, loan, debt and identity theft topics, CreditBloggers provides readers with unique insight and straight answers about the financial world.

Funny Money Friday: Buy A Piece Of Housing Bubble History

Posted on 10/12/2007 10:21 AM | Link | Post Comment

Money doesn&39;t have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.

The housing bubble, mortgage crisis drama is going mainstream. Sure, us credit geeks have been talking about the dangers for years.  The Wall Street Journal just published an article this week about how widespread bad loans are across the country calling it a "Subprime Tidal Wave."

In the meantime, an intrepid Countrywide employee has posted their "Protect Our House" bracelet on eBay.  The bracelets were distributed to employees who pledged to support the company as part of an internal communication program in the face of media criticism.

A true artifact of the current credit crisis, the bracelet&39;s price has already soared to $167. The auction ends tomorrow. Get your bid in now or buy one of the other 10 bracelets that have now been offered for sale for substantially less. You&39;ll need that extra $100 when you have to refinance your Countrywide mortgage.

Have a great weekend!

Emily DavidsonCredit.com&39;s Communication Director and former TransUnion credit expert. Emily writes about credit reports, credit cards, loans and personal finance as the CreditBloggers.com moderator.

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