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Archive Home > 2010 > May > 02 > The drama hides the bigger issue

The drama hides the bigger issue


May 2, 2010

Between 1997 and 2006, consumers, lenders and builders created a housing bubble, and pretty much the entire establishment missed it. Fannie Mae and Freddie Mac and the people who regulate them missed it. The big commercial banks and the people who regulate them missed it. The Federal Reserve....

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