Friday, July 29, 2011

Georgia Banks

Back in Georgia, they're still trying to figure out what caused so many of their banks to collapse when the real estate bubble burst. This is an interesting take on the situation. Such mature examinations are far more valuable than the "Fannie Mae and Freddie Mac" narrative so many right-of-center types have parroted since 2007.

It also may answer some of the questions jerztronics was asking on this blog back in March.


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