Mortgage market recovery hinges on investors
Part 1 of 2: Perspectives on the financial crisis
By Jack Guttentag, Monday, January 7, 2008.(This is Part 1 of a two-part series. Read Part 2, "Subprime relief plan's major flaw.")
The financial crisis we are currently in will probably enter the U.S. record book as the second worst in the last 100 years. The worst was in the early 1930s when thousands of banks failed and the mortgage market shut down entirely.
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Copyright 2008 Jack Guttentag
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