Quote:
Originally Posted by Xenophon
[Snip, sorry, don't have time to respond to this point by point at the moment; will do so later]
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please have a look at
these three articles though (fairly lengthy). I found them interesting to read.
Also, it's a myth that clinton's expansion of the homeowner program is what played a decisive role in this; subprimes were a later invention. (can't find the article to support that atm though)
Furthermore, also very relevant:
this nytimes article, and
What Went wrong (WaPo) (the last article deals specifically with my deregulation claim)