Posts Tagged ‘Mortgage Crisis’
Mortgage Crisis for Dummies
Thursday, October 30th, 2008
At work, we receive the Investor’s Business Daily. Now, I do not claim to be an avid ready, but on occasion, I will read cover-page headlines to see what is happening in the world that day. Today, the headline read, “Why The Mortgage Crisis Happened”. This caught my attention. In the article, a chronological outline of events, since FDR, of the collapse of the housing mortgage industry. Granted, it appears to be slanted to focus on certain “characters”, so I will leave it to you to determine if what this guy is claiming is legitimate.
Why did the mortgage crisis of 2008 happen?
Feedback always welcome.
At work, we receive the Investor’s Business Daily. Now, I do not claim to be an avid ready, but on occasion, I will read cover-page headlines to see what is happening in the world that day. Today, the headline read, “Why The Mortgage Crisis Happened”. This caught my attention. In the article, a chronological outline of events, since FDR, of the collapse of the housing mortgage industry. Granted, it appears to be slanted to focus on certain “characters”, so I will leave it to you to determine if what this guy is claiming is legitimate.
Why did the mortgage crisis of 2008 happen?
Feedback always welcome.
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