Monday, September 22, 2008

Who and what caused this financial meltdown

Please read the article. It explains in as close to layman's terms as possible who and what caused the mortgage crisis and financial coolapse and who tried to stop it. It is obviously from Bloomberg and not a disreputable rag.

1 comment:

baster said...

I think critics argued that credit rating agencies and investors failed to accurately price the risk involved with mortgage-related financial products, and that governments did not adjust their regulatory practices to address 21st-century financial markets. buy custom term paper