Subprime mortgage crisis started in 2007 with the collapse of the housing bubble, when all the risky financial derivatives crashed the Wall Street and created a true panic among the investors. Read more on http://www.crisiswatch.net/economy/SubprimeMortgageCrisisCauses.html
Blake Francishttp://gdata.youtube.com/feeds/api/users/uwmT2WqKLXI_7mJ-nByZpQEntertainmentThe, Wolf, of, Wall, Street, Jordan, Belfort, Speaking, Regarding, Sub, Prime, Mortgage, CrisisThe Wolf of Wall Street Jordan Belfort Speaking Regarding Sub Prime Mortgage Crisis
- 00:31 Dan is a little freaked out by Monday’s events
- 06:04 Has Congress paved the way for a global depression?
- 10:05 Who’s to blame for the failure of the Paulson bill?
- 15:55 How Obama might save the day
- 23:48 Free-form catastrophizing
- 42:23 Closing thoughts on the end of the world as we know it
John Maynard Keynes, the 20th-century economist, has been back in the news since the crisis started. Lord Skidelsky, historian, economist and Keynes biographer, talks to the FT’s economics leader writer Martin Sandbu about the Keynesian concepts currently at work in the markets.
April 9 (Bloomberg) — Mortgage industry consultant Scott Cooley talks with Bloomberg’s Matt Miller and Carol Massar about the role of Fannie Mae and Freddie Mac in the finacial crisis. (Source: Bloomberg)
Rep. Darrell Issa’s response to the following question from TellDC user Hugh WhelChel:
In Light of the report issued Thursday regarding three-year long investigation into Countrywide Financial’s practice of making discounted mortgages to current and former members of Congress, congressional staff, high ranking government officials, and executives and employees of Fannie Mae will there be any action taken against those who participated? And specially, will charges be brought against Fannie Mae’s former CEO, Franklin D. Raines for his apparent perjury before the Committee in December of 2008?