sub-prime mortgage | sub-prime mortgage
Aug.20.2009
Given the gigantic and seemingly-endless debate that we as Americans are being treated to about what caused the recession, who's to blame, whether or not the Community Reinvestment Act played a role, what the government should do, I think it's time that we cleared the air with one simple truth:
It'...
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Dec.10.2008
Few would disagree the economic crisis now gripping most of the world was triggered by Wall Street’s shortsighted greed. In bundling risky sub-prime home mortgages into a class of commercial investment products, the Wall Street smart guys managed to pollute the assets of virtually every major...
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