Florida Episode: Subprime Story

Florida is one of the areas hit hardest by the subprime mortgage crisis. Renee M'Sadoques, Manager of American Advantage Mortgage Company, says there is significant depereciation in the Florida real estate market. However, Americans offer some surprisingly optimistic opinions on the future of the market. Meanwhile, some American financial corporations, including Merrill Lynch, have recently reported huge quarterly losses.

Tags: Sueli Wulterkens, Renee M'Sadoques, Century 21, American Advantage Mortgage Co., 312501