Posted by
CuyahogaGOP on Thursday, September 18, 2008 11:16:00 PM
I have been researching the mortgage mess and have found a few articles that tell us hhow all of this happened.
Here is how it started:
Here is who made it go from Clinton/leftist shakedown into a way to inflate corporate earnings:
Then the securities created from all of these bad loans became irresistable to many on Wall Street and they bought them up.
Here were two attempts to fix this before it blew up:
The economy and stock market will be fine. We are flushing a lot of the stupidity and greed out of the mortgage industry.