... and ongoing Life on Earth. :) ------------------------------------- Sub-prime and banking crisis: Who caused this nightmare? The blame spreadshttp://business.timesonline.co.uk/tol/business/industry_sectors/banki... bonds secured by them have not caused the financial and banking crisis that America ...'s mortgage and banking crisis - the nightmare that has seen around $2 trillion ...

... and ongoing Life on Earth. :) ------------------------------------- Sub-prime and banking crisis: Who caused this nightmare? The blame spreads http://business.timesonline.co.uk/tol/business/industry_sectors/...bonds secured by them have not caused the financial and banking crisis that America faces...Street's mortgage and banking crisis - the nightmare that has seen around $2 trillion ...

..., is basically a systemic one ... it;s the actual structure of the financial system and how it was made to operate ... that's the problem/cause. Yes, we can 'pick' a place to start but nothing is really absolute here.... Sharing the risk, and the pain around a larger group of gullible greed heads. Gee, thanks for that mr financier :)

..., a precedent which his successor has now embraced with a vengeance to solve the problems caused by Greenspan's policies. One now can only imagine with some horror what Bernanke's successor will have to contend with. The nightmare is that the time span between financial crises is getting shorter and shorter while their magnitude gets greater and greater. Fred ...

... you're suggesting that what the problem is, is basically a systemic one ... it;s the actual structure of the financial system and how it was made to operate ... that's the problem/cause. Yes, we can 'pick' a place to start but nothing is really absolute here. for instance, go find a historical valuation ...

... you're suggesting that what the problem is, is basically a systemic one ... it;s the actual structure of the financial system and how it was made to operate ... that's the problem/cause. Yes, we can 'pick' a place to start but nothing is really absolute here. for instance, go find a historical valuation ...

...the top of the tree for blaming, as opposed to being the single point of origin as the cause. the actual intent does seem obscure though. and personally i feel just blaming isn't much use, as opposed to constructive analysis of cause and effects vs individuals despite the responsibility that many individuals would carry due to their positions and actions...

...did: ================================= "The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106-102, 113 Stat. 1338 (November 12...which encouraged anything. The policy made it easier for the banks to encourage people. Pinpoint cause a must? Two to start. http://www.federalreserve.gov/generalinfo/fract/ http://en.wikipedia....

> " the global boom we had 2001 to 2007 during which essentially every country was growing except for Zimbabwe and that this global synchronised boom, which is unique in the history of capitalist," You gotta ask... If this were real growth, what was underneath it that it can collapse so hard and so often? Instead of taking the bull by the horns, the cowards merely post poned the...

Having faith in free marketry when its only advocates are too cowardly or too stupid to answer a simple question about free markets and free speech . . . That kind of decadence just boggles the mind. Bret Cahill