Comments on: Another Subprime View http://www.joetaxpayer.com/69/ Financial Commentary For The Average Joe Mon, 06 Feb 2012 21:56:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: eric http://www.joetaxpayer.com/69/comment-page-1/#comment-40 eric Thu, 08 Nov 2007 22:03:02 +0000 http://www.blog.joetaxpayer.com/?p=69#comment-40 “it’s clear that George Bailey’s issues are a result of the bank he runs not being able to self off any of their mortgage holdings”

And here I thought the problem was fractional reserve banking! All the while it was lack of financial creativity — thank goodness we have investment bankers today.

But seriously, you gave me a good laugh there, hope you were just joking :)

And thanks for sharing the links. I have one to offer:

http://www.cmbs.org/about/CMBSSummary.pdf

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