Posted by: Maysman | September 25, 2008

How did this Ponzi scheme work?…

http://hotair.com/archives/2008/09/25/a-great-example-of-how-we-got-to-the-credit-market-meltdown/

Read this fairly short post by Ed Morrissey and you will pretty much understand how we got to where we are in the housing – credit market meltdown… Ed writes so that even a guy like me can understand it…

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