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Video: The Crisis of Credit Visualized

183
FurryOldGuyJeans5/02/2009 4:59:20 pm PDT

re: #175 itellu3times

EVERYONE in the business knew a crash was coming, as in the bubble bursting, but what NOBODY foresaw was the market failure that killed off the major institutions.

Sounds a lot like the total cluelessness when the S&L crisis erupted.