Where have you gone, George Bailey?

Story date: 2008-01-13 10:23:00
Added on: 2008-01-13 22:52:43

Boston Globe - But even leaving aside various sorts of fraud and chicanery that have subverted mortgage securitization, especially in the subprime sector, the basic idea was flawed. Risks of default that were supposed to be random turned out to be anything but ...


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