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Video: The Crisis of Credit Visualized

204
Kosh's Shadow5/02/2009 5:05:14 pm PDT

re: #192 itellu3times

That is my real question - SOME of the risk managers must have forecast the disaster - and were overridden by greedy management.

It is a truly historic fail, y’know, and we were there!


Those that did probably lost their jobs because they weren’t raking in the bucks time bombs that others were.

Glad I bought my house in an inexpensive but good area of Massachusetts; as far as I know, the prices haven’t fallen much here, but then, they never skyrocketed either. (45 miles out of Boston is a bit far, and it is a suburb. The “cities” in this area aren’t doing as well, though.)