Mike Whitney: When Securitization Blew Up, So Did the Economy

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It was securitization and the 25-to-1 leveraging of toxic assets at the hedge funds, investment banks and private equity firms that brought on the current financial crisis.

Read the rest of the story HERE:

At www.dissidentvoice.org

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Great article and insight by Mike Whitney as usual... by boomerang on Thursday, Mar 5, 2009 at 8:30:30 PM
True but missing the other half. Securitization is... by TomK on Friday, Mar 6, 2009 at 2:29:34 AM
No one will ever convince me that the real cause o... by liberalsrock on Friday, Mar 6, 2009 at 11:34:32 AM