Added: 30-09-2008
From:
vinsane
(
Send PM )
(124) |
(0) |
(2)
Description:
This video is an informative look at the factors that are causing our current financial and economic crisis. It discusses policy changes 13 years ago that unleashed the sub-prime mortgage-backed securities market, which accelerated prices erratically, inviting speculation and loose lending practices which were both condoned and encouraged by existing regulation and carried out by risk-blind executives and Fannie Mae and Freddie Mac./nAside from ripping the corporate goons in the media, please be respectful in your comments
Channels:
US Politics
Tags:
Obama