Exposing the Origins of the Financial Crisis

PoliticalChic

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Oct 6, 2008
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The vid below is an interview with Douglas Holtz-Eakins, in which he discusses the machinations that took place in on the Financial Crisis Commission..

1. Tasked with the order to expose the origins of the crisis

2. It was majority Democrat

3. Eakins explains how housing, and mortgage-related risks were at the root the crisis

4. The Repubs on the commission will be allowed 36 of 500 pages to explain this,
but since that explanation will indict Democrats, it is being obfuscated with lengthy
discussions of derivatives...


Video - Opinion Journal: Crisis Commission Crack-Up -- Douglas Holtz-Eakin explains the partisan split - WSJ.com
 
The loss of huge hunks of money in the mortgage market will continue for at least 9 years and maybe longer 9 years is the claimed backlog of foreclosures out there.
 

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