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Everyone knows the housing bubble was about house and apartment flipping with little to very small amounts of money required for down payments.
Sep 24 09:50 am
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All Comments by carey_jim »Even After the Bailouts, Housing is Still a Mess [View article]
It was a musical chairs-Ponzi scheme and when the music stopped, there was (is) blood on the playground.
Suddenly the poor, huddling masses are without homes and therefore the American people need to out the banks so the financial system can continue.
Did I miss something?
Let's see Henry Paulsen is a former CEO of Goldman and Warren Buffet is investing 5 billion and Ben Bernanke ....
I missed something.