A Brief History of the Bubble and the Bailout

For those who have an interest in reflecting upon what happened during the bubble, what happened to all the bailout money and why the large banks, the Fed and Wall Street deserve our unrelenting scrutiny: Welcome!

A primer course for those presently uninitiated would include reading the following:

Secrets and Lies about the Bailout and anything else by Matt Taibbi in Rolling Stone

http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104

BOOKS:

THE BIG SHORT by Michael Lewis

ALL THE DEVILS ARE IN by Bethany Mclean and Joe Nocera

If you are in foreclosure, the following video link might shed light upon why you either cannot get a loan mod or short sale. http://www.youtube.com/watch?v=ssl5yb7FewA

 

Further comments are invited!

Thanks.

Joseph Claffy

 

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