What scares O.C.’s bosses and experts for 2009?

There’s certainly a lot of aid for folks in financial distress, especially if the monetary albatross is a mortgage. Yet real estate investor lender Bruce Norris hopes government help offered to trouble borrowers doesn’t compound the foreclosure problem: “I fear the Fed treating the person who exaggerated their income so well that it sets off a new round of foreclosures from those of us who played it straight. I can see real frustration mounting as we ‘help’ the people who obtained loans they could not afford. The unintended consequence of that will be many people, who could continue making their payments, will walk away from their over-encumbered house.”