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Video: The Crisis of Credit Visualized

27
dave bean5/02/2009 4:09:44 pm PDT

It shows the mechanics but paints the bankers as the ones who started it all. BUT, the sub-prime mortgages was the trigger and a particular group of people wanted Fannie/Freddie to buy sub-prime in order for more “low income” people to purchase houses. Yea, the bankers were following the rules established by the Democrats.

Dave