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Dagny's Desk

Daily Archives: 9 July 2008

After Mortgage Bubble Bursts, Regulators Decide to Act

09 Wednesday Jul 2008

Posted by Dagny Gromer in Economics, financial

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Tags

debt bubble, financial, mortgage

http://www.latimes.com/business/la-fi-housing9-2008jul09,0,7563048.story

Federal regulators prepare to tighten mortgage rules – Los Angeles Times via kwout

Where were these geniuses when the bubble was inflating? What’s the saying? Close the barn door after the horse has departed.

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