Comments on: Financial Crisis Slideshow

By: Vicki Moore

Vicki Moore — Sun, 07 Dec 2008 05:03:21 +0000

I thought it was very accurate and simplistic in its explanation. I’d be interested in hearing the perspective of those who disagree with it.

By: Mark Eibner

Mark Eibner — Thu, 04 Dec 2008 05:16:54 +0000

we're at it again Financial Crisis Slideshow: Get out of your feed reader and comment o.. http://tinyurl.com/58jxda

By: sheilabragg

sheilabragg — Thu, 04 Dec 2008 05:05:34 +0000

Financial Crisis Slideshow: Get out of your feed reader and comment on this post- we PROMISE that the.. http://tinyurl.com/58jxda

By: Missy Caulk

Missy Caulk — Thu, 04 Dec 2008 02:19:19 +0000

Interesting, I thought the Wall Street Journal slide for 1999 was really on point. We have been given certain unalienable rights, the right to life, liberty and the PURSUIT of happiness.

Not a right to a home. False premise leads to false results.

By: Nicole Lahti

Nicole Lahti — Thu, 04 Dec 2008 01:20:05 +0000

This slideshow does a good job of showing why its so annoying when politicians & pundits point fingers NOW after contributing to the problem. We can blame loose lending standards all day long, but the fact is banks wouldn’t have lent money to anyone with a heartbeat if there wasn’t so much money to lend. One of the biggest culprits in this whole mess is the Fed and the manner by which it increased liquidity into the market with its consequetive rate cuts post 9/11. Loose lending standards was the flame, and excessive, albeit articficial, liquidity was the gasoline. Or visa versa, either way they’re both at fault. Unfortunately, not enough people hold the Fed accountable for its actions because its made us believe its our savior now. In my opinion, they’re just doing what got us here in the first place — artificially pumping liquidity into a market to save it from a recession. It helped in the shortrun post 9/11, but look at the mess we’re in now.