Thursday, November 4, 2010

The 5 W's and the 'H

Who-Federal National Mortgage Association.
"Fannie Mae" and  "Freddie Mac"


What- Reckless Lending bye Banks.
Leham Brothers.


Whare-


when-2007-2010
sighns of decline earlyer then 2005

Why-Banks handed out loans that wouldnt be repayed


How-



Sites-http://pajamasmedia.com/rogerkimball/2008/09/29/who-caused-the-biggest-financial-crisis-since-the-great-depression/

-http://en.wikipedia.org/wiki/Fannie_Mae

http://en.wikipedia.org/wiki/Late-2000s_recession

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