tag:blogger.com,1999:blog-2761684730989137546.post258023891801064513..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: Did Fannie Cause the Disaster? — Jeff Madrick and Frank Partnoymike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-4108258911880996202011-10-14T10:38:46.172-04:002011-10-14T10:38:46.172-04:00For those interested in a better analysis of the c...For those interested in a better analysis of the causes of the financial crisis, I recommend "All The Devils Are Here -- The Hidden History of the Financial Crisis" by Bethany McLean and Joe Nocera. They put the blame where it belongs: mostly on the mortgage originators (of which Countrywide and Angelo Mozilo were the worst) and the regulators who refused to regulate, along with the Wall St. bankers who developed all those CDO's layered on top of each other.<br />I have never seen such pure, unadulterated GREED as that of the major players in this debacle.John Zelnickernoreply@blogger.com