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Loan Modification

: Mortgage Lender Implode-o-Meter

Geithner Admits: Easy money did us in

By Implode-Explode Heavy Industries

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In an interview with Charlie Rose on Tuesday, Tim Geithner admitted the bubble was caused by Greenspan?s easy money policy. Unfortunately, Charlie didn?t ask the obvious follow-up: ?why will this time be different? Why will Bernanke?s easy money policy lead to different results?? Here was the crucial exchange

Full post as published by Mortgage Lender Implode-o-Meter on May 14, 2009 (boomark / email).

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