miss out on a really great story...
and
finally read The Truth about the RE collapse.
The first article introduces U.S. to The Rest of the Story.
The second IS the story that everyone is talking/writing about.
You owe it to yourself to read it.
What the story graphs show U.S. is that the rise in RE securitizations was matched by the rise in CDOs, and that both were "incestuous". How much inbreeding was actually going on we were not told and could not see. Now, thanks to ProPublica.Org we are being told and we DO see.
Last and most certainly NOT least is the toon...
That is worth the price of admission.
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Eating Your Own Toxic Wastehttps://motherjones.com/kevin-drum/2010/08/eating-your-own-toxic-waste
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Banks’ Self-Dealing Super-Charged Financial Crisis
http://www.propublica.org/
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Welcome to CDO World!
http://www.propublica.org/
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