Big Dirty Money

A blog on business law, politics, and white collar crime

September 17, 2014

Quoted by Binyamin Appelbaum in “Are Subprime Mortgages Coming Back?, Sunday New York Times Magazine

In the wake of the financial meltdown in 2008, there were many who claimed it had been inevitable, that “no one saw it coming,” and that subprime borrowers were to blame.