What entity or profession will the public blame the most for this latest bubble? After the ARMs adjust, after the interest-only crowd walks away from their home, after people are undercut by the builders, after that paper wealth disappears, after the Senate hearings, who will the public blame the most?
And what one person (besides Greenspan) will be the face of the 2000 - 2005 Housing Bubble (RIP)? The Bernie Ebbers of this bubble?
January 13, 2006
Posted by blogger at 1/13/2006