You can watch the video from 60 Minutes here: http://www.newmogul.com/item?id=7196 Well well well... if you're in the market today, you're a fool who's just waiting to lose their shirt. To me, this looks like a perfect dead cat bounce! Looks like these new mortgage defaults will provide as big or even a bigger mess than subprime mortgages have! Just when you think that things are getting better, you realize that we're nowhere near the bottom. Truly scary video I'm becoming more and more pessimistic as this sort of stuff comes out to light.