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President Bush Tried to Rein In Fan and Fred 2 Citations Bush's people pushing back after NYT claimed that Bush was slow to react to mortgage GSE problem., delicious.comThe housing meltdown is largely a story of greed and irresponsibility made possible by government privilege. If Democrats had granted the Bush administration the regulatory powers it sought, the housing crisis wouldn't be nearly as severe and the economy as a whole would be better off, delicious.com
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Portfolio.com -- The End of Wall Street's Boom by Michael Lewis 1 Citation "I?d never taken an accounting course, never run a business, never even had savings of my own to manage. I stumbled into a job at Salomon Brothers in 1985 and stumbled out much richer three years later, and even though I wrote a book about the experience, the whole thing still strikes me as preposterous?which is one of the reasons the money was so easy to walk away from. I figured the situation was unsustainable. Sooner rather than later, someone was going to identify me, along with a lot of people more or less like me, as a fraud. Sooner rather than later, there would come a Great Reckoning when Wall Street would wake up and hundreds if not thousands of young people like me, who had no business making huge bets with other people?s money, would be expelled from finance.", delicious.com
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Nathan Gardels: Inaugural Hope, but America Is in Shock 1 Citation "the fall of Wall Street is to market fundamentalism what the fall of the Berlin Wall was to communism.", delicious.com
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Tulip mania - Wikipedia, the free encyclopedia 1 Citation "a period in the Dutch Golden Age during which contract prices for bulbs of the newly-introduced tulip reached extraordinarily high levels and then suddenly collapsed. At the peak of tulip mania in February 1637 tulip contracts sold for more than 20 times the annual income of a skilled craftsman. It is generally considered the first recorded speculative bubble.", delicious.com
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Times Online -- Chancellor set to print more cash as interest rates hit record low 1 Citation "Alistair Darling is considering printing more money in an attempt to ease the credit crunch. Officials disclosed that the plan, adopted several years ago in Japan to try to stave off deflation ? when prices generally fall rather than rise ? was being studied because interest rates close to zero could not be used as a normal tool of economic management. Other ways had to be found of making more credit available, they said, and some of the ideas under consideration had already been adopted in the United States." -- Inflation, inflation, inflation., delicious.com
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1 Citation wiki about australia's housing market being a bubble., delicious.com
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Soot and Ashes: Reinventing America After the Crash 1 Citation
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Online Arcade Games.nl! - Bubble Bobble 1 Citation
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