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]