Friday, August 31, 2007

Yet another subprime blog (os)

As I just read, at 17.10 MESZ, President Bush will disclose a package of reforms concerning the subprime-crisis at the US housing market. I am really excited how he will save the future of the financial markets.

Also concerning the US (or world?) subprime-crisis, Joseph Stiglitz, ex Worldbank chief economist, gives a brief abstract about the incidents, which in his opinion caused the actual situation. And guess what? The story starts with George W. Bush!