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Tweet CAUSES OF THE ECONOMIC COLLAPSE…AND WHAT WE CAN DO ABOUT IT by Paul R. Hollrah, ©2012 (Jan. 3, 2012) — Wall Street melt-downs? Banking industry bailouts? Hedge fund hanky-panky? Multi-million dollar Wall Street bonuses? Collapse of the dollar? National debt default? Economic collapse? Who can possibly make sense of it all? How did it happen, and [...]
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Tags: banks, Bill Clinton, Community Reinvestment Act, Congress, Countrywide Financial Corporation, Democrats, discriminating in lending, economic collapse, Fannie Mae, financial meltdown, Franklin Raines, Freddie Mac, George W. Bush, GSE, hedge funds, Herb Moses, Jamie Gorelick, Jim Johnson, meltdown, mergers and acquisitions, Obama, Pres. Jimmy Carter, redlining, Rep. Barney Frank, Republicans, Ronald Reagan, Securities and Exchange Commission, Sen. Christopher Dodd, Senate Banking Committee, sub-prime mortgages, U.S. Treasury, Wall Street, White House