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Investors Seek to Profit From Sub-Prime Crisis

Economy

Investors Seek to Profit From Sub-Prime Crisis

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As grim economic forecasts continue, some people are working to find the silver lining in the current market woes. While homeowners suffer from the mortgage crisis, some investors are attending seminars on how to profit from foreclosure investing. Guests and callers discuss the winners and losers in today's economy.

Guests:

Doug Leeper, code enforcement manager for Chula Vista, Calif.

Dean Foust, Atlanta bureau chief for Business Week

Amaad Rivera, director of Racial Wealth Divide Program for United for a Fair Economy

How to Benefit from Foreclosures

How to Benefit from Foreclosures

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Not everyone is unhappy about the subprime lending crisis. We look at the various ways that investors are attempting to benefit.

Day to Day's Nihar Patel takes us to one of Donald Trump's foreclosure seminars. Then Madeleine Brand talks to realtor Cesar Dias who offers guided tours of foreclosed homes in Stockton, California. Finally, economist Tim Taylor discusses others ways that people are profiting.