I was asked to write a column for Time Magazine on what is causing the subprime mortgages to have so broad an impact. Since you can see it there via the link, I am not also putting it here. But comments here are welcome. (To make a comment, click on the title so that the post appears on its own page).
August 17, 2007
Rick Bookstaber
Blowing Up the Lab on Wall Street -- Time Magazine
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August 17, 2007