Matt Taibbi has a good summary of the mortgage crisis here:

https://www.rollingstone.com/politics/politics-features/financial-crisis-ten-year-anniversary-723798/

An excerpt:

Restoring compensation levels was one of the first and most urgent priorities of the bailout. Bonuses on the street were back to normal within six months. Goldman, which needed billions in public funds, paid an astonishing $16.9 billion in compensation just a year after the crash, a company record.

Even better is the on-going discussion of particular details on twitter:

Click here for more:

https://twitter.com/mtaibbi

author avatar
Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

Pin It on Pinterest