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Joe Peffer? Yes.
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Why Columbus?
April 6th, 2009 categories: For Home Buyers , For Home Sellers , Mortgage/Finance
Distilled into a 10 minute, nicely animated, possibly oversimplified, video
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo .
This entry was posted
on Monday, April 6th, 2009 at 10:54 am and is filed under For Home Buyers , For Home Sellers , Mortgage/Finance .
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Richard Stabile Bergen County Real Estate
April 7th, 2009
Good demonstration. More people should watch it. Most people don’t have a clue to what it was all about. The idea was not only bread out of wall street however, it was mandated by Bill Clinton in his second term and promoted by Barry Frank, Chairman of the Congressional banking committee. THey set Fannie and Freddie loose to give risky paper and Wall street followed them to compete under ever shrinking interest rates.