Advertisement

Dr. Frankenstein's Wall Street

By Victor Davis Hanson - September 25, 2008

RCP Comment Policies

When the mortgage bubble burst, Americans were "shocked" at how many Wall Street buccaneers had been gambling in a vast pyramid scheme with someone else's money. Paper fortunes were made buying and selling questionable sub-prime mortgages on the silly assumption that such gargantuan inside profiting would always expand -- even as the number of homebuyers able to buy overpriced properties was...

(Read Full Article)

Victor Davis Hanson

Author Archive

Follow Real Clear Politics

Latest On Twitter