Mortgage blogging
andre
I saw a link in my favorite property whining blog to an article in New York Times, which talks about mortgage-backed financial securities in the US and their role in the current housing boom.
Even more interesting is the quote from John Keynes, given in the blog: “A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him” .