Toxic bankers, captive regulators: Everything you think about the housing market is wrong

We know what caused the housing crash: Reckless banks, shoddy regulation, rampant greed. Let's lay out the truth

The news cameras kept recording after the power failed. Complete darkness. Then a heavy red curtain was swept aside, allowing a bit of sunlight to stream into the woodpaneled hearing room. This natural illumination had a strange effect on Alan Greenspan, the day’s first witness. He was seated b ... Read more »