Forum Post: NY TIMES article A Banker Speaks, With Regret http://www.nytimes.com/2011/12/01/opinion/kristof-a-banker-speaks-with-regret.html?src=ISMR_AP_LO_MST_FB
Posted 12 years ago on Dec. 1, 2011, 2:46 p.m. EST by FedWallFedWellFedUP
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That is a good article.
Wow. I knew about a lot of this before but its really interesting that someone from inside is being so open about it to the nytimes. I think this will give a lot of credit to the people who have been trying to explain this system of sub-prime loans and no-document loans to people. Thanks for the post!
Sort of gives the lie to the claim that the government through Fannie and Freddie are solely responsible for the current mess.