home defaults
Oct
30
2008
On October 30, 2008, as the subprime mortgage crisis deepened and foreclosures spread across American neighborhoods, Pat Bagley's cartoon depicts costumed children on a darkened street lined with for-sale signs. One child declares that traditional door-to-door methods have failed and calls for a new business model. The image captures the widespread impact of the housing market collapse on everyday life during the financial meltdown.
