MBS Creator Lew Ranieri 'Bears Burden' Of Mortgage Meltdown |
| February 24, 2011 | February 2011 Bond Updates |
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In the wake of a housing bubble that sparked a financial meltdown that led to the deepest recession since the Great Depression, many irate Americans – from politicians on down – have been seeking a culprit, someone to fault for the mess. While the reality is that the problems leading up to the crisis were systemic and pervasive, and not the fault of any single man or institution, Lew Ranieri is willing to shoulder his share of the blame. |
| View more at: http://blogs.forbes.com/steveschaefer/2011/02/23/mbs-creator-lew-ranieri-bears-burden-of-mortgage-meltdown/ |
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