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Meltdown's Upside: Cheap Seafood!

Appraiser-to-the-stars Jonathan Miller takes a break from market reports to tackle the connection between subprime lending and lobster prices: "Basically, lobster prices have maintained a high price level for the past decade until the past year because a large portion of the catch was diverted to processing plants in Canada keeping supply of fresh lobsters restrained. These plants were mainly financed by Icelandic banks, who were ultimately driven under because of the subprime mortgage meltdown and now abundant production of lobsters are driving down the price for us." Quite the brainbuster! Hey, who's hungry? [Matrix]