A helpful report out from insurer Aon showing that things in California could be worse: We could get a significant quake along the San Andreas fault. As it turns out, the fault is pretty much a bus tour of the most foreclosure-struck counties in California. It wouldn’t take much shaking, to Aon’s way of thinking, to push those foreclosure/default numbers much, much higher.
A California Subprime Quake
By January 6, 2009 · ··