This article needs repeating so more people have an understanding of the history of the housing bubble. The central banking system is the one of the most sectors of the economy in this country. It’s similar to the electrical grid, if its in distress then every other section of the economy is affected. You would think that the most capable people would be managing this institution and would have up most sense of responsibility and endeavour to be the model professional. Below is what really happened. Fed’s image tarnished by newly released documents By Zachary A. Goldfarb, Published: January 12 The leaders of the Federal Reserve went around the room saluting Alan Greenspan during his last day as chairman of the central bank. Then Timothy F. Geithner, [Read More...]