Yves Smith

  • 2011 0131 – HuffPost – FCIC Report Misses Central Issue: Why Was There Demand for Bad Mortgage Loans? – It is remarkable that the FCIC, with its access to industry figures and its subpoena powers, was unable to refine this sort of analysis together to give a clear picture of what was actually happening in the CDO market., By Thomas Adams and Yves Smith – [link]