James Surowiecki writes of the banking industry's foreclosure woes: “There’s no doubt that it’s...

|By:, SA News Editor

James Surowiecki writes of the banking industry's foreclosure woes: “There’s no doubt that it’s a brutal mess... All the same, the widespread proclamations of Armageddon seem overblown. The banks’ behavior has been appalling, but the crisis probably won’t be fatal for them, however much some of them might deserve that.”