For months now the subprime mortgage market has been filled with controversy due to the crisis that began in 2007 with the United States. The United States may have been the first country to fall into a mortgage crisis as a result of too much unstable lending, but even in the UK the banks are in a crisis. Not everyone is seeing the effects of the banking crisis though, even across the Atlantic. The mega rich are not suffering as much and therefore the whole crisis is favouring them more than normal working people. (more…)