Mortgage Meltdown. Real Estate Crunch. Credit Crisis. Banking Collapse.
Pick your favorite phrase and call it what you like, but the ever-popular question remains and is debated - who caused this mess and how did we get here?
For a great description that discusses politics and regulations and names names, check out the link at the bottom of this blog entry. It is a quick easy read and gives you great insight into not only what went wrong, but also where we need to go into the future.
http://news.yahoo.com/s/bw/20081020/bs_bw/oct2008pi20081017950382
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