Unless they hack your computer or email server they probably can't read your emails or anything like that.
What a spammer can do is tell if you read an email that they sent by putting images in their emails. They do this to check whether or not an email address is active.
Disable images...
You have to remember that subprime is a very small portion of the whole housing market. The real problem would be if the prime borrowers defaulted and landed in bankruptcy.
Even if someone defaults on their loan, they're still on the hook until they claim bankruptcy. When there's a...
You need to check your math. Obviously the assets (houses) have some value to them. A more reasonable estimate would be as follows:
1.3 trillion in mortgages
If 20% default, that means that 260 billion worth of mortgages are in default, not necessarily a total loss.
Lets assume that the...
check IB often, as shares seem to pop up every once in a while to short. I saw some there not too long ago.
Of course you can always buy puts, but the premium is huge. I'd recommend just doing the straight up short sale.