Too much government intrusion in the troubled subprime mortgage business.

In a speech before the Federal Reserve Bank of Chicago on Thursday, Bernanke outlined the background and run-up to the present crisis in subprime lending and gave his view of what adjustments government regulators needed to make to minimize the scope and severity of subprime mortgage problems.
Read More – http://money.cnn.com/2007/05/17/real_estate/Bernanke_on_subprime/index.htm?postversion=2007051716

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