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Phil Gramm Says Loose Money and Politicized Mortgages Caused the Financial Market Crisis

Interesting review of roles that the Community Reinvestment Act enforcements of 90s, Fannie Mae, Freddie Mac, Countrywide, and Friends played in the explosion and fall of subprime mortgage securities and why we should be concerned w/new mortgage pla read more »
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Dow Falls 6.2% in Punishing Week

Bank stocks continue slide as fear of nationalization of BAC and C runs wild. Also includes recap of this last week's market action and the various economic and legislative factors influencing investments. Including the potential fates of GM and GE read more »
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