Busted: Life Inside the Great Mortgage Meltdown Prehistoric Life In Holy as You Are

In Holy as You Are

Readers can take an in-depth look at the workings of our planet

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only to learn that his family

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Busted: Life Inside the Great Mortgage Meltdown Prehistoric Life In Holy as You AreEnabled by know nothing complacency in Washington, Wall Street wizards used "collateralized debt obligations," "conduits," and other inscrutable financial "innovations" to put American home financing into hyperdrive. Millions of Americans abandoned the safety of thirty year, fixed rate mortgages and loaded up on debt. While regulators insisted that the markets knew best, Wall Street firms fragmented and repackaged unsound loans into securities that