Tuesday, March 2, 2010 - Article by: FHASUBMISSION.COM - ESSEX MORTGAGE BANK -
The Great Recession wasn't the result of subprime mortgage madness, according to a new report from the National Bureau of Economic Research. It was just a plain old bank panic. Yeah, but weren't bank panics supposed to be a thing of the past, thanks to the creation of the Federal Deposit Insurance Corporation in 1934? Then what do you think caused it ?? Take the survey enclosed and let's see what wins out -
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